{"data":{"id":"us-ky/krs-142.135","jurisdiction":"us-ky","citation":"KRS 142.135","heading":"Monthly transmittal of funds to board -- Retention of collection and","body":"administration fee -- Monthly report of receipts -- Restricted use of funds.\n(1) The department shall transmit the amounts remitted to it by retailers as required by\nKRS 142.105 to  the board on a monthly basis. From each deposit, the department\nmay deduct an amount equal to the actual operating and overhead expenses incurred\nin the collection and administration of the CMRS prepaid service charge, not to\nexceed one percent (1%) of th e amount collected. The department shall report its\nactual expenses to the board on a quarterly basis.\n(2) The department shall provide a monthly report of receipts from the CMRS prepaid\nservice charge to the board.\n(3) Moneys held by the department prior to their transfer to the board shall not be\nconsidered property of the Commonwealth and shall not be subject to appropriation\nby the General Assembly. Such moneys shall not be:\n(a) Loaned to the Commonwealth or to any instrumentality or agency thereof;\n(b) Subject to transfer to the Commonwealth or any agency or instrumentality\nthereof, except for purposes specifically authorized by this section; or\n(c) Expended for any purpose other than a purpose authorized by KRS 65.7621 to\n65.7643.","path":["KRS Chapter 142"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=45434","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:36Z","sha256":"60d52178d93762111bdc278dc4fdb84bac56ebda4318f0897aa958912ad54c84","source_id":"us-ky","stale":false,"prev":"us-ky/krs-142.130","next":"us-ky/krs-142.201"},"notice":"GroundRules: Original legal text. Not legal advice."}