{"data":{"id":"us-ky/krs-224a.040","jurisdiction":"us-ky","citation":"KRS 224A.040","heading":"Construction or acquisition of infrastructure projects or improvement of","body":"public drinking water and wastewater systems.\nThe authority may, pursuant to the terms, conditions, restrictions and requirements of this\nchapter, assist with the const ruction or acquisition of infrastructure projects or with the\nimprovement of the technical, managerial, or operational capacity of public drinking\nwater and wastewater systems by:\n(1) Leasing an infrastructure project;\n(2) Making loans or grants as funds are available, to any governmental agency; or\n(3) Purchasing obligations of a governmental agency, provided that any financial\nassistance supplied to the governmental agency, as defined in KRS 224A.011, will\nnot cause the interest on current or future stat e agency or authority obligations, if\nexcludable from gross income for federal tax purposes, to be included in gross\nincome for federal tax purposes.","path":["KRS Chapter 224A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=53009","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:52:42Z","sha256":"82763b515d19afe0f284f98272527dd384d45e7b4194ab51d3bede9e39e4929d","source_id":"us-ky","stale":false,"prev":"us-ky/krs-224a.035","next":"us-ky/krs-224a.050"},"notice":"GroundRules: Original legal text. Not legal advice."}