{"data":{"id":"us-ky/krs-121.172","jurisdiction":"us-ky","citation":"KRS 121.172","heading":"State political party building fund account -- Permitted and prohibited","body":"expenditures -- Exclusive designation of contributions -- Information provided\nto potential contributors -- Separate bank account required -- Reports of\ncontributions and expenditures.\n(1) A state executive committee of a political party may establish a building fund\naccount. The registry shall promulgate administrative regulations, in accordance\nwith KRS Chapter 13A, necessary to implement this section.\n(2) A building fund account established under this section may be used for expenditures\nrelated to the purchase, construction, maintenance, renovation, and repair of the\nstate executive committee's main headquarters facility. Permissible expenditures\nfrom a building fund account shall be limited to payments for or purchases of:\n(a) Land;\n(b) Leases and property taxes;\n(c) Appliances and fixtures;\n(d) Utilities, pest control, lawn care, security, and trash removal;\n(e) Equipment for Internet, telephone, cable or satellite televis ion, or other\ncommunications services;\n(f) Building construction, expansion, or renovation;\n(g) Major and minor repairs to the state executive committee's main headquarters\nfacility, including but not limited to the facility's roof, foundation, and\nstructure, and to the facility's plumbing, HVAC, and electrical systems; and\n(h) The services of contractors, subcontractors, and other building design or\nconstruction professionals related to the state executive committee's main\nheadquarters facility.\n(3) A building fund account established under this section shall not be used to advocate\nfor or against the election or defeat of a clearly identified candidate or a ballot\nmeasure or for issue advocacy.\n(4) Prohibited expenditures from a building fund account include:\n(a) Money or in-kind contributions to a federal, state, or local candidate or slate of\ncandidates;\n(b) Money or in-kind contributions to a state or local committee; and\n(c) Money or in -kind contributions to advocate for or against the election or\ndefeat of a clearly identified candidate or a ballot measure or for issue\nadvocacy.\n(5) Contributions solicited and accepted by a state executive committee for a building\nfund account established under this section shall be desig nated as being exclusively\nfor the state executive committee's building fund account.\n(6) The state executive committee shall advise all potential contributors to a building\nfund account established under this section that funds contributed will be used\nexclusively for the building fund account and will not be used to advocate for or\nagainst the election or defeat of a clearly identified candidate or a ballot measure or\nfor issue advocacy.\n(7) For any building fund account established under this section, a state executive\ncommittee shall establish a separate bank account into which all contributions shall\nbe deposited, and no other contributions shall be commingled with building fund\naccount contributions.\n(8) A state executive committee shall report all con tributions to and expenditures from\na building fund account to the Registry of Election Finance on a quarterly basis, as\nrequired by KRS 121.180.","path":["KRS Chapter 121"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=46628","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:18Z","sha256":"8444149dae6efbda6226684cc2f11c74177608a44aef1508af64b2d17248b79d","source_id":"us-ky","stale":false,"prev":"us-ky/krs-121.170","next":"us-ky/krs-121.175"},"notice":"GroundRules: Original legal text. Not legal advice."}