KRS 65.7627: Commercial mobile radio service emergency telecommunications fund.

There is established the commercial mobile radio service emergency telecommunications

fund, the "CMRS fund," an insured, interest -bearing account to be administered and

maintained by the Kentucky 911 Services Board. The CMRS service charges levied under

KRS 65.7629, 65.7634, and 65.7636 shall generate revenue equitably from prepaid and

postpaid CMRS connections within the boundaries of the Commonwealth. No charges

other than the CMRS service charges levied under KRS 65.7629, 65.7634, and 65.7636

are authori zed to be levied by any person or entity for providing wireless service. All

revenues collected under KRS 65.7635 and KRS 65.7634, 65.7636, and 142.100 to

142.135 shall be deposited directly into the fund, and the board shall direct disbursements

from the fund according to the provisions of KRS 65.7631. Moneys in the CMRS fund

shall not be the property of the Commonwealth and shall not be subject to appropriation

by the General Assembly. Moneys deposited or to be deposited into the CMRS fund shall

not:

(1) Be loaned to the Commonwealth or to any instrumentality or agency thereof;

(2) Be subject to transfer to the Commonwealth or any agency or instrumentality

thereof, except for purposes specifically authorized by KRS 65.7621 to 65.7643; or

(3) Be expended fo r any purpose other than a purpose authorized by KRS 65.7621 to

65.7643.