{"data":{"id":"us-ky/krs-224a.118","jurisdiction":"us-ky","citation":"KRS 224A.118","heading":"BEAD fund.","body":"(1) The BEAD fund is hereby established in the State Treasury and shall be\nadministered by the office. All moneys in the fund shall be allocated and dedicated\nto:\n(a) Providing moneys to grantees that comply with federal requirements and the\nrequirements developed by the office in compliance with this section; and\n(b) Administering the federal BEAD Program.\n(2) All moneys obtained from the administration shall be deposited into the BEAD\nfund.\n(3) All moneys in the BEAD fund are hereby appropriated for the purpo ses set forth in\nKRS 224A.115 to 224A.118.\n(4) Notwithstanding KRS 45.229, any moneys not expended at the close of a fiscal year\nshall not lapse but shall be carried forward into the next fiscal year. All funds shall\nbe expended within the five (5) year action plan required by the administration.","path":["KRS Chapter 224A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=54507","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:52:42Z","sha256":"58e4ee0a33e440ae9394ba9b1a9d8b2fd1350e2f9d0f0af1afb9ae4bac1cf44c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-224a.117","next":"us-ky/krs-224a.120"},"notice":"GroundRules: Original legal text. Not legal advice."}