Year unavailable
KRS § 96A.110 Responsibility for planning, coordination.
An authority must plan mass transit in its transit area and coordinate with other relevant public planning agencies.
- Inter-agency coordination
- Mass transit planning
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KRS § 96A.120 Permissible types of financing.
An authority may use several financing methods for transit or mass transportation systems, including bond issuance and leases.
- Bonds
- Leases
- Mass transportation systems
- Refinancing
Year unavailable
KRS § 96A.130 Authority's bonds are legal investments.
Certain public and private fiduciaries may legally invest funds in authority bonds.
- Bonds
- Investment eligibility
Year unavailable
KRS § 96A.140 Tax-exempt nature of authority's property, bonds.
An authority’s property, revenues, and bonds are exempt from specified state and local taxes, fees, licenses, and charges.
- Fees
- Income tax
- Licenses
- Property tax
Year unavailable
KRS § 96A.150 Bond anticipation notes.
An authority may issue bond anticipation notes for interim financing if it has recorded a determination to issue the related bonds.
- Bond financing
- Capital projects
Year unavailable
KRS § 96A.160 Power of other agencies to sell property to authority.
Some public agencies may transfer property or facilities to an authority, and may also transfer related construction contracts if the facilities are not yet completed.
- Government contracts
- Property transfer
Year unavailable
KRS § 96A.170 Exemption from jurisdiction of Transportation Cabinet -- Cabinet assistance permitted.
A transit authority created under this chapter is exempt from Transportation Cabinet jurisdiction, but new competing bus service needs Cabinet approval.
- Cabinet assistance
- Public transit operations
- Regulatory exemption
Year unavailable
KRS § 96A.180 Insurance of authority's properties.
An authority must insure its properties, workers’ compensation, and public liability; it may instead self-insure and set prudent reserves, and it may insure its officers or employees.
- Insurance
- Operating expenses
- Self-insurance
Year unavailable
KRS § 96A.190 Annual audit -- Compliance with KRS 65A.010 to 65A.090.
Each authority must hire a certified public accountant or firm to perform an annual audit and report on its finances and compliance.
- Audit
- Compliance
- Financial reporting
- Public inspection
Year unavailable
KRS § 96A.200 Duties to employees transferred from acquired system.
If an authority acquires a transit system, it must keep existing labor and pension obligations and protect transferred employees’ benefits.
- Benefits
- Employee transfer
- Labor contracts
- Pension obligations
Year unavailable
KRS § 96A.210 Interstate transit authorities.
Certain bordering counties and cities may form or join a transit authority, alone or with other local governments.
- Intergovernmental agreements
- Transit authorities
Year unavailable
KRS § 96A.220 Power to conduct studies, apply for subpoenas.
A transit authority may study, gather information, and create programs needed to carry out this chapter, and it may seek subpoenas when necessary.
- Public transit authority powers
Year unavailable
KRS § 96A.230 Citation of chapter.
This chapter may be cited as the "Kentucky Transit Authority Act."
- Chapter citation
Year unavailable
KRS § 96A.310 Legislative findings.
Kentucky’s General Assembly states that mass transportation facilities are important to public health, safety, welfare, and efficient movement.
- Mass transit operations
- Mass transportation facilities
Year unavailable
KRS § 96A.320 Submission of proposal to establish program -- Voters -- Program financing.
This section lets certain public bodies propose a mass transportation program and sets financing limits for the related taxes and fees.
- Bond financing
- Occupational license fee
- Sales tax
- Taxation
Year unavailable
KRS § 96A.330 Resolution or ordinance to submit proposal to electorate -- Simultaneous elections in transit area -- Notice.
A transit authority may ask member public bodies to put a mass transportation proposal to voters, and the public bodies must review the request; they may also require more information and, if they choose, submit the proposal to voters.
- Election submission
- Funding source
- Mass transportation program
- Transit authority
Year unavailable
KRS § 96A.340 Publication of resolution or ordinance -- Framing of proposal -- Majority required -- Status of voted levies.
Public bodies must publish notice and prepare a referendum when submitting a mass transportation proposal, and approval depends on a majority yes vote.
- Mass transportation funding
- Public notice
- Referendum procedure
- Sales tax
Year unavailable
KRS § 96A.350 Elections -- Collection of tax receipts.
This section assigns election, collection, fund-holding, and disbursement duties for certain transit-related tax receipts.
- Tax collection
- Transit authority funding
- Trust fund management
Year unavailable
KRS § 96A.360 Annual budget and report of transit authority required.
A covered transit authority must file an annual budget and annual report with the relevant public body or bodies, and may have to provide other reports and data they reasonably require.
- Budgeting
- Reporting
- Transit authority oversight
Year unavailable
KRS § 96A.370 Joint agreements and multimunicipal compacts -- Commuter transportation agreements.
Public bodies and transit authorities may make and join transit-related agreements, and the Commonwealth may fund commuter transportation for employees, but those funds are limited and cannot subsidize individual employee fares.
- Commuter transportation
- Mass transportation agreements
- Transit funding
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