AN ACT relating to revenue measures, making an appropriation therefor, and declaring an emergency. Amend KRS 224.50-868 to extend the new tire fee to July 1, 2020; provide that the amount of principal which a qualified applicant may owe the Kentucky Agricultural Finance Corporation at any one time shall not exceed $5 million; allow a 0.5% administrative fee to be paid to the Kentucky Infrastructure Authority for the administration of each project funded by the Infrastructure for Economic Development Fund for Coal-Producing Counties and the Infrastructure for Economic Development Fund for Tobacco Counties; require any revenue received from the sale or renewal of Child Victims' Trust Fund license plates in excess of actual costs incurred by the Transportation Cabinet be transferred to the Child Victims' Trust Fund on an annual basis; require any funds or assets recovered by the Attorney General in connection with a lawsuit be paid directly to the Commonwealth and deposited in a distinct trust and agency account for each settlement; allow expenses incurred by the Auditor of Public Accounts for required audits of federal funds be charged to the government or agency that is the subject of the audit; require each agency of the Executive Branch to remit an assessment to the Personnel Board for its operation; exempt from all state and local taxes water withdrawal fees imposed by the Kentucky River Authority; require a school district that receives an allotment for an urgent needs school, and subsequently receives funds for that facility as a result of litigation or insurance, to reimburse the Commonwealth an amount equal to the amount received; establish the Office of Employment Training Building Proceeds Fund and require up to $3 million of proceeds from the disposal of any state-owned real property by the Office be deposited into the fund; require any revenue derived from the establishment of statewide contracts by the Office of Material and Procurement Services be credit

It became law on Apr 14, 2018.

KY HB 366 · House Bill · 2018RS