KRS 96A.096: Kentucky public transportation development fund.

There is created in the State Treasury a special fund to be known as the "Kentucky Public

Transportation Development Fund." All moneys deposited or paid into this fund are

appropriated and shall be available to the cabinet for the purposes of KRS 96A.095. All

moneys in this fund shall be expended for public transportation capital and operating

subsidies, public transportation development, or administrative costs incidental to these

developments. The fund shall consist of all money appropriated by the state and all

money received from the United States or from any other source for the purpose of

providing public transportation capital and operating subsidies and public transportation

development funds. All moneys in the Kentucky public transportation developm ent fund

shall be deposited, administered, and dispersed in the same manner and under the same

conditions and requirements as are provided by law for other special funds in the State

Treasury, except that any balance in this fund shall not lapse at any tim e but shall be

continuously available to the cabinet for the purposes of carrying out the provisions of

KRS 96A.095. A general statement that all continuing appropriations are repealed shall

not be construed as abolishing this fund.