24 chapters · 1,604 sections in this title.
KRS § 224A.011 Definitions for chapter
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As used in this chapter, unless the context requires otherwise: (1) "Administrative fee" means a fee assessed and collected by the authority from borrowers and applicants under assistance agreements, to be used for operational expenses of the authority; (2) "Applicable interest r…
KRS § 224A.013 Remediation of property as qualified infrastructure project
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Remediation of a property owned by a governmental agency in accordance with KRS 224.1-510 to 224.1-532 shall qualify as an infrastructure project for the purposes of this chapter.
KRS § 224A.020 Legislative finding as to infrastructure projects
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The General Assembly of the Commonwealth of Kentucky finds as a fact that the polluting and befouling of the waters of the state has harmed, and is presently harming and injuring, the state's abundant water resources, and, if unabated, will continue to harm such state water resou…
KRS § 224A.030 Creation of Kentucky Infrastructure Authority -- Membership
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(1) There is hereby created the Kentucky Infrastructure Authority, which authority shall be a body corporate and politic, constituting a public corporation and a governmental agency and instrumentality of the state. The affairs of the authority shall be managed and carried out by…
KRS § 224A.035 Purpose and status of Kentucky Infrastructure Authority
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(1) The Kentucky Infrastructure Authority is created solely to perform essential governmental functions and to serve the public purpose of engaging in a program of assistance to governmental agencies in the state with respect to the: (a) Construction, acquisition, and maintenance…
KRS § 224A.040 Construction or acquisition of infrastructure projects or improvement of public drinking water and wastewater systems
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public drinking water and wastewater systems. The authority may, pursuant to the terms, conditions, restrictions and requirements of this chapter, assist with the construction or acquisition of infrastructure projects or with the improvement of the technical, managerial, or opera…
KRS § 224A.050 Use of funds
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It is hereby found and declared as a legislative finding of fact that in performing its duties and responsibilities, the authority is performing and carrying out essential governmental functions. The authority may, from time to time, receive and accept any and all appropriations …
KRS § 224A.060 Authority is taxing district -- Power to levy taxes
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The authority is hereby declared to constitute an independent taxing district within the meaning of the Constitution of the Commonwealth of Kentucky, which authority, as an independent taxing district, shall encompass the entire geographical area of the Commonwealth of Kentucky. …
KRS § 224A.070 Powers
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The authority may carry out and perform the following essential governmental functions of statewide import and concern: (1) To promulgate administrative regulations and adopt bylaws for the regulation of its affairs and the conduct of its business, which shall define with specifi…
KRS § 224A.080 Correlative powers of other governmental agencies
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All governmental agencies shall have and possess, in addition to all other powers now or hereafter vested in them, the following powers: (1) To undertake infrastructure projects; (2) To make application for, and to receive, federal grants or loans in aid of infrastructure project…
KRS § 224A.085 Interim financing
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The authority may enter into interim financing agreements with governmental agencies, and governmental agencies may enter into interim financing agreements with the authority in connection with eligible projects. Each such interim financing agreement may be subject to the approva…
KRS § 224A.090 Payment of study expenses from revenue bond proceeds
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With the approval and the consent of the authority's governing body, and in cooperation and coordination with the State Water Pollution Agency, the executive director of the authority shall cause to be expended out of any funds available for said purposes such moneys as are neces…
KRS § 224A.100 Assistance agreements -- Contents -- Review by legislative committee
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The authority may enter into assistance agreements with governmental agencies, and governmental agencies may enter into assistance agreements with the authority in connection with infrastructure projects. Each assistance agreement shall be subject to review by the Capital Project…
KRS § 224A.104 Residential housing infrastructure fund
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(1) There is hereby established in the State Treasury a revolving account to be known as the residential housing infrastructure fund. The fund shall consist of moneys received from state appropriations, gifts, grants, federal funds, and all repayment, interest or other return on …
KRS § 224A.106 Administrative fee
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A one-half of one percent (0.5%) administrative fee shall 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…
KRS § 224A.110 Deposit of moneys -- Use of revenues
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(1) All moneys derived by the authority pursuant to assistance agreements other than those assistance agreements funded under KRS 224A.111, 224A.112, and 224A.1121 shall be received by the authority as constituting authority revenues, and shall, in common with other authority rev…
KRS § 224A.111 Creation of federally assisted wastewater revolving fund -- Purpose -- Duties of authority
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Duties of authority. (1) The federally assisted wastewater revolving fund shall be established in the State Treasury and shall be administered by the authority under an agreement with the Energy and Environment Cabinet to assure compliance with the federal act. (2) The fund shall…
KRS § 224A.1115 Creation of federally assisted water supply revolving fund -- Purpose -- Duties of authority
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Duties of authority. (1) The federally-assisted water supply revolving fund shall be established in the State Treasury and shall be administered by the authority under an agreement with the Energy and Environment Cabinet to assure compliance with the federal act. (2) The fund sha…
KRS § 224A.1118 Office of Broadband Development -- Purpose -- Duties and responsibilities
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responsibilities. (1) There is established the Office of Broadband Development, which shall: (a) Be administratively attached to the Kentucky Infrastructure Authority; (b) Encourage, foster, develop, and improve broadband within the Commonwealth to: 1. Drive job creation, promote…
KRS § 224A.112 Creation of infrastructure revolving fund and broadband deployment fund -- Purpose -- Use of moneys
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deployment fund -- Purpose -- Use of moneys. (1) The infrastructure revolving fund shall be established in the State Treasury and shall be administered by the authority. The fund shall be a dedicated fund, and all moneys in the fund shall be allocated and dedicated solely to prov…
KRS § 224A.1121 Purpose of broadband deployment account -- Grant program -- Funding criteria and prioritization schedules -- Guidelines and standards for grants -- Applications available to public -- Challenge -- Partial funding -- Administrative regulations
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Funding criteria and prioritization schedules -- Guidelines and standards for grants -- Applications available to public -- Challenge -- Partial funding -- Administrative regulations. (1) (a) The purpose of the broadband deployment fund set forth in KRS 224A.112 shall be to: 1. A…
KRS § 224A.1123 Rural infrastructure improvement fund -- Kentucky Rural Infrastructure Improvement Program
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Infrastructure Improvement Program. (1) The General Assembly hereby finds and declares that: (a) A rural infrastructure improvement fund, and a program to administer the fund, is necessary to further the Commonwealth's goal to expand and accelerate access to broadband service thr…
KRS § 224A.113 Power to promulgate administrative regulations
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The authority may promulgate administrative regulations to implement KRS 224A.111, 224A.1115, and 224A.112.
KRS § 224A.115 Legislative findings
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The General Assembly finds and declares that: (1) Pursuant to KRS 224A.1118(1)(f)2., the Office of Broadband Development is established as the single point of contact and liaison between the Commonwealth and federal agencies with regard to programs to expand access to broadband i…
KRS § 224A.116 Definitions for KRS 224A.115 to 224A.118
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As used in KRS 224A.115 to 224A.118: (1) "Administration" means the National Telecommunications and Information Administration; (2) "BEAD Program" means the federal Broadband Equity Access and Deployment Program administered by the National Telecommunications and Information Admi…
KRS § 224A.117 Kentucky BEAD Grant Program -- Purpose -- Powers of office -- Application of federal law -- Grantee applications for funding
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Application of federal law -- Grantee applications for funding. (1) The Kentucky BEAD Grant Program is hereby established for the purpose of defraying eligible expenses associated with projects intended to provide broadband service to unserved and underserved areas of the Commonw…
KRS § 224A.118 BEAD fund
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(1) The BEAD fund is hereby established in the State Treasury and shall be administered by the office. All moneys in the fund shall be allocated and dedicated to: (a) Providing moneys to grantees that comply with federal requirements and the requirements developed by the office i…
KRS § 224A.120 Authority may issue revenue bonds
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(1) The authority may provide, at one (1) time or from time to time, for the issuance of its Kentucky Infrastructure Authority revenue bonds, for the purpose of providing funds and moneys to the authority to enable it to enter into assistance agreements with governmental agencies…
KRS § 224A.130 Trust indentures
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(1) In the discretion of the authority, any revenue bonds or notes issued under the provisions of this chapter may be secured by a trust indenture by and between the authority and a corporate trustee which may be any trust company or bank having the powers of a trust company with…
KRS § 224A.140 Refunding bonds
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(1) The authority is hereby authorized to provide for the issuance of refunding revenue bonds or notes for the purpose of refunding any revenue bonds or notes then outstanding which shall have been issued under the provisions of this chapter, including the payment of any redempti…
KRS § 224A.150 Authority's bonds are permissible investments
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Revenue bonds and notes issued by the authority under the provisions of this chapter are hereby declared and deemed to be securities in which all public officers and public bodies of the Commonwealth and its political subdivisions, all insurance companies, trust companies, bankin…
KRS § 224A.160 Authority's bonds payable from revenue only
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Revenue bonds or notes issued by the authority under the provisions of this chapter shall not be deemed to constitute a debt of the Commonwealth or of any political subdivision thereof, or a pledge of the faith and credit of the Commonwealth or of any political subdivision thereo…
KRS § 224A.165 Reserve funds or replacement funds -- Maintaining required level -- Approval of General Assembly required for certain bond or note issuances
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Approval of General Assembly required for certain bond or note issuances. (1) The authority may, in connection with the issuance of its revenue bonds and notes for the accomplishment of its public purposes pursuant to this chapter, establish in respect of the revenue bonds and no…
KRS § 224A.170 Authority's money deemed to be trust fund
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Notwithstanding any other provisions of law to the contrary, all moneys, funds, properties, and assets acquired by the authority, pursuant to this chapter, whether as proceeds from the sale of authority revenue bonds or notes, or as authority revenues, or otherwise, shall be deem…
KRS § 224A.180 Enforcement powers of authority in the event of default
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(1) In order to protect the public health, safety, and welfare, and in order to assure the prompt and necessary payment to the authority of all monetary requirements arising from assistance agreements entered into by and between the authority and the governmental agencies, and th…
KRS § 224A.190 Imposition of service charges by local governmental agencies
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(1) Each governmental agency which has entered into an assistance agreement with the authority whereby such governmental agency has covenanted to impose service charges and remit same to the authority, shall, as provided in such assistance agreement, at the due time impose such s…
KRS § 224A.200 Assistance agreements may contain provision for reduction of payments to authority
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to authority. The authority, as provided in KRS 224A.060, is created and constituted as an independent taxing district and taxing authority with the right to levy in its own name and for its proper public and essential governmental purposes a water utility tax on every purchase o…
KRS § 224A.210 Tax-exempt nature of authority property and bonds
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(1) The exercise by the authority of the powers, duties, and responsibilities granted and created by this chapter will be in all respects for the benefit of the citizens of the state, for the preservation, improvement, and enhancement of their health, safety, convenience, and wel…
KRS § 224A.230 Immunity of authority member or officer
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No member or other officer of the authority shall be subject to any personal liability or accountability by reason of his execution of any revenue bonds or notes, or the issuance thereof.
KRS § 224A.240 Self-dealing prohibited
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No member, officer, or employee of the authority shall be financially interested, directly or indirectly, in any contract of any person with the authority, or have an ownership interest in any firm or corporation interested directly or indirectly in any contract with the authorit…
KRS § 224A.250 Public nature of meetings and records -- Exception for trade secrets
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All meetings of the authority shall be public, and the records of the authority shall be open to public inspection at all reasonable times except as otherwise provided in this section. All final actions of the authority shall be journalized, and such journal shall also be open to…
KRS § 224A.260 Authority may finance pollution control facilities
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(1) The Kentucky Infrastructure Authority may finance pollution control facilities in the manner provided by KRS 103.246. For such purposes, the terms "city" and "county" as used in KRS 103.246 shall also mean and refer to the Kentucky Infrastructure Authority. (2) The authority …
KRS § 224A.300 Findings and goals of General Assembly regarding provision of water services in the Commonwealth -- Transfer of responsibility -- Administrative regulations
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services in the Commonwealth -- Transfer of responsibility -- Administrative regulations. (1) The General Assembly finds that it is necessary to encourage regionalization, consolidation, and partnerships among governmental agencies, and private parties when appropriate, with the …
KRS § 224A.302 Establishment of water management areas by area development districts
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Within twelve (12) months of July 14, 2000, each area development district shall establish water management areas. The entire area within the area development district shall be included in one (1) or more water management areas. The area development district may determine the bou…
KRS § 224A.304 Establishment of water and wastewater service regionalization account within infrastructure revolving fund
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within infrastructure revolving fund. A water and wastewater service regionalization account is established within the infrastructure revolving fund. The purpose of the account shall be to enhance the effectiveness, reliability, and resilience of the state's water and wastewater …
KRS § 224A.306 Conditions for receiving assistance from fund for water-related infrastructure projects
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infrastructure projects. (1) The authority shall require the following as conditions for receiving assistance from any fund administered by the authority for infrastructure projects related to water and wastewater service: (a) Establishment and use of a financial accounting syste…
KRS § 224A.308 Establishment of program to detect water loss from distribution lines or develop or maintain asset management plans -- Loans forgiven
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develop or maintain asset management plans -- Loans forgiven. (1) The authority shall establish a program to assist governmental agencies in detecting water loss from distribution lines or develop or maintain asset management plans. This may include contracting with third parties…
KRS § 224A.310 Establishment of incentive programs to encourage consolidation of water and wastewater systems and elimination of duplication
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and wastewater systems and elimination of duplication. (1) The authority shall establish an incentive program that allocates funds from the water and wastewater service regionalization account that encourages the regionalization, merger, and consolidation of water and wastewater …
KRS § 224A.312 Incentive program encouraging infrastructure projects that provide and improve water service to needy areas -- Funding priorities
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improve water service to needy areas -- Funding priorities. (1) The authority shall develop an incentive program that allocates funds to encourage new infrastructure projects to provide service to unserved areas and improve service to underserved areas of the state. The incentive…
KRS § 224A.316 Legislative findings -- Program implementation -- Priority to regional projects
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projects. (1) In furtherance of the goal of making access to public water and wastewater systems more resilient and available to the public, the General Assembly finds and declares that governmental agencies should provide to water and wastewater systems the requisite financial r…