KRS § 48.185 Area development fund recommendations.

48.185 Area development fund recommendations. (1) The provisions of any other law notwithstanding, the Governor shall include in the budget recommendation for the executive branch and in the draft branch budget bill for the executive branch submitted to each even-numbered-year regular session of the General Assembly for the biennium period beginning July 1, 1980, and for each biennium thereafter, recommendations for appropriations from the general fund to be made by the General Assembly to the area development fund established by KRS Chapter 42. (2) The amount to be recommended for the appropriation to the area development fund shall be four and four-tenths percent (4.4%) of the severance tax estimate for each fiscal year of the biennium. Effective: June 21, 2001 History: Amended 2001 Ky. Acts ch. 58, sec. 4, effective June 21, 2001. -- Amended 1990 Ky. Acts ch. 507, sec. 11, effective July 13, 1990. -- Created 1982 Ky. Acts ch. 450, sec. 11, effective July 1, 1983.