Ky. Rev. Stat. Ann. § 141.465 - Apportionment of Funds -- Funds to Be Placed in Interest-bearing Account.

141.465 Apportionment of funds -- Funds to be placed in interest-bearing account.

The commissioner of the Department of Revenue shall transfer fifty percent (50%) of the funds designated in KRS 141.460 to the nongame fish and wildlife fund created by KRS 150.165 and fifty percent (50%) to the Kentucky nature preserves fund created by KRS 146.520 and shall reduce the amount of the income tax refund by the amount designated. Moneys in each fund shall be placed in an interest-bearing account.

Effective: June 20, 2005

History: Amended 2005 Ky. Acts ch. 85, sec. 515, effective June 20, 2005. -- Amended 1994 Ky. Acts ch. 72, sec. 3, effective July 15, 1994. -- Created 1980 Ky. Acts ch. 121, sec. 4, effective July 15, 1980.