{"data":{"id":"us-ky/krs-96a.320","jurisdiction":"us-ky","citation":"KRS 96A.320","heading":"Submission of proposal to establish program -- Voters -- Program","body":"financing.\n(1) As used in KRS 96A.310 to 96A.370, the term \"mass transportation program\" shall\nmean the provision of necessary funds by public bodies to transit authorities created\npursuant to KRS Chapter 96A with which to acquire, operate, and preserve mass\ntransportation facilities. A \"mass transportation program\" may also include a\nmethod for the public body or public bodies to finance principal and interest\npayments on any general obligation bonds issued pursuant to KRS 96A.120, or to\nfinance transportation -related facilities to promote the movement of vehicles and\npeople. Urban-county governments which initiate a \"mass transportation program\"\nmay include in this program the improvement of existing roads and the construction\nof new roads.\n(2) Public bodies which h ave been parties to the creation and establishment of transit\nauthorities, or who constitute the membership of such transit authorities, may,\nacting either individually or jointly, submit to either the electorates of such public\nbodies, or the electorate o f the transit area encompassed by any such transit\nauthority, but only in the manner and pursuant to the procedures set forth in KRS\n96A.310 to 96A.370, one (1) or more proposals for the approval of a mass\ntransportation program to be financed by additional voted levies of ad valorem taxes\nupon all taxable property in such public body or public bodies. Such additional\nvoted levies of ad valorem taxes upon all taxable property in any such public body\nshall never exceed in the aggregate the limits prescribed by the Constitution of\nKentucky for any such public body.\n(3) Public bodies which have been parties to the creation and establishment of transit\nauthorities, or who constitute the membership of such transit authorities, may,\nacting either individually or j ointly, submit to either the electorates of such public\nbodies, or the electorate of the transit area encompassed by any such transit\nauthority, but only in the manner and pursuant to the procedures set forth in KRS\n96A.310 to 96A.370, one (1) or more prop osals for the approval of a mass\ntransportation program to be financed by voted levies of occupational license fees.\nSuch voted levies of occupational license fees shall not exceed one percent (1%) of:\n(a) Salaries, wages, commissions, and other compensati on earned by persons for\nwork done and services performed or rendered; and\n(b) The net profits of businesses, trades, professions, or occupations from\nactivities conducted in the public body, or the transit area, except public\nservice companies, banks, tru st companies, combined banks and trust\ncompanies, combined trust, banking and title companies, any savings and loan\nassociation whether state or federally chartered, and in all other cases where a\npublic body is prohibited by law from imposing a license fee.\n(4) (a) Public bodies which have been parties to the creation and establishment of\ntransit authorities, or who constitute the membership of such transit\nauthorities, may, acting either individually or jointly, submit to either the\nelectorates of such pu blic bodies, or the electorate of the transit area\nencompassed by any such transit authority, but only in the manner and\npursuant to the procedures set forth in KRS 96A.310 to 96A.370, one (1) or\nmore proposals for the approval of a mass transportation pro gram to be\nfinanced by the voted levy of a sales tax upon all retailers at a rate not to\nexceed one -half of one percent (0.5%) of the gross receipts of any retailer\nderived from \"retail sales\" or \"sales at retail\" made within the public body or\npublic bodi es, provided, however, that public transit sales tax shall not be\nlevied on those retail sales which are exempted from the state sales tax by\nKRS Chapter 139 on June 19, 1976, or hereafter exempted.\n(b) Any sales tax levied for said purpose shall be in add ition to the sales tax\nauthorized by Chapter 139 of the Kentucky Revised Statutes. Said public\ntransportation sales tax shall be collected and administered under the\nprovisions of Chapter 139 of the Kentucky Revised Statutes and the rules and\nregulations of the Kentucky Department of Revenue.\n(5) The Kentucky Department of Revenue shall refund that portion of the sales tax\ncollected as a public transportation tax to the public body or bodies imposing said\ntax.\n(6) Notwithstanding any other provision contrary hereto, a mass transportation program\nfinanced by a public body or public bodies from said sales tax shall be restricted by\nthe following order of priorities, to wit:\n(a) First, the annual payment of principal, interest, and sinking fund requirements\non any general obligation bonds issued pursuant to KRS 96A.120;\n(b) Second, appropriations to the transit authority to provide local matching funds\nfor any available federal or state capital, operating, or planning and\ndemonstration grant projects in accordan ce with the annual approved budget;\nand\n(c) Third, any excess funds in the control of each public body receiving said tax\nshall be transferred to the general fund of each such public body for public\ntransportation and traffic improvement projects at any location within a city or\ncounty, in any manner which said public body or public bodies determine will\nimprove transportation, road or traffic conditions, or in general will promote\nthe movement of people and vehicles.","path":["KRS Chapter 96A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26348","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:59Z","sha256":"da447fa1ffba041d2f68e5abb27a8fb32dec19d728cc69e19accb45d22894deb","source_id":"us-ky","stale":false,"prev":"us-ky/krs-96a.310","next":"us-ky/krs-96a.330"},"notice":"GroundRules: Original legal text. Not legal advice."}