Title VI, Financial Administration
10 chapters · 565 sections in this title.
KRS § 42.001 Definition of writing
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As used in this chapter, "writing" or "written" means letters, words, or numbers, or their equivalent, set down by handwriting, typewriting, printing, photostating, photographing, magnetic impulse, mechanical or electronic recording, or other form of data compilation.
KRS § 42.005 Definitions for KRS 42.010
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As used in KRS 42.010, unless the context requires otherwise: (1) "Department" means a basic unit of administrative organization of the Finance and Administration Cabinet designated by statute or by statutorily authorized executive action as a "department." A department may conta…
KRS § 42.010 Definition of state agency
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As used in KRS 42.0171, 42.0172, and 42.425, unless the context requires otherwise, "state agency" means any state administrative body, department or division as defined by KRS 42.005.
KRS § 42.012 Secretary as state's chief financial officer
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The secretary of the Finance and Administration Cabinet shall be the chief financial officer of the state and the adviser of the Governor and the General Assembly in financial matters, and shall at all times protect the financial interests of the state.
KRS § 42.014 Organization of cabinet
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(1) There is established within the cabinet the: (a) Office of the Secretary; (b) Commonwealth Office of Technology and the Office of the Controller, each of which shall be headed by an executive director appointed by the secretary with the approval of the Governor; (c) Kentucky …
KRS § 42.0145 Office of the Secretary
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(1) The Office of the Secretary of the Finance and Administration Cabinet shall consist of the Office of Inspector General, Office of General Counsel, Office of Administrative Services, Office of Legislative and Intergovernmental Affairs, Office of Policy and Audit, Office of Equ…
KRS § 42.0146 Office of Equal Employment Opportunity and Contract Compliance -- Oversight of certification program for disabled veteran-owned businesses -- Administrative regulations
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Oversight of certification program for disabled veteran-owned businesses -- Administrative regulations. (1) For purposes of this section: (a) "Disabled veteran" means an individual, domiciled in Kentucky, who has served on active duty in the Armed Forces, has been separated there…
KRS § 42.0147 Office of the Inspector General
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The Office of the Inspector General is established within the Office of the Secretary of the Finance and Administration Cabinet and shall be responsible for conducting various investigations within the executive branch in accordance with KRS 45.131.
KRS § 42.0148 Office of Legislative and Intergovernmental Affairs
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(1) The Office of Legislative and Intergovernmental Affairs is established within the Finance and Administration Cabinet to provide executive direction and coordination of the cabinet's legislative priorities. (2) The Office of Legislative and Intergovernmental Affairs, in close …
KRS § 42.016 Corporate bodies and instrumentalities attached to Office of Secretary
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Secretary. The following corporate bodies and instrumentalities of the Commonwealth shall be attached to the Office of the Secretary for administrative purposes and staff services: (1) State Property and Buildings Commission; (2) Kentucky Turnpike Authority; (3) State Investment …
KRS § 42.017 Office of General Counsel
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(1) The Office of General Counsel established within the Office of the Secretary by KRS 42.0145 shall be responsible for the coordination and provision of legal services for the cabinet and for other functions and duties as the secretary may assign relating to the performance of …
KRS § 42.0171 Office of Administrative Services
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(1) The Office of Administrative Services established in KRS 42.0145 shall be generally responsible for all internal administrative and human resource functions of the cabinet, including but not limited to providing administrative assistance; managing and preparing the cabinet's …
KRS § 42.0172 Division of Postal Services
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The Division of Postal Services shall operate the centralized postal services for executive branch agencies as set forth in KRS 12.020. The division shall operate at a central location with additional locations necessary to maintain and improve service levels.
KRS § 42.0174 Office of Policy and Audit
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(1) The Office of Policy and Audit established within the Office of the Secretary by KRS 42.0145 shall have the duties and responsibilities established in KRS 42.065. (2) The Office of Policy and Audit shall be headed by an executive director who shall be appointed in accordance …
KRS § 42.0175 Office of Fleet Management
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(1) The Office of Fleet Management pursuant to KRS 42.0145 shall be generally responsible for all technical and administrative services related to the Commonwealth’s fleet of vehicles, including but not limited to: (a) Procuring vehicles; (b) Maintaining and repairing vehicles; (…
KRS § 42.019 Division of Historic Properties -- State curator
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(1) The Division of Historic Properties established by KRS 42.425 shall be responsible for overseeing the management and preservation of state-owned historic properties including, but not limited to, the Executive Mansion, Old Governor's Mansion, Vest Lindsey House, Berry Hill, a…
KRS § 42.0201 Office of the Controller
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(1) There is created within the Finance and Administration Cabinet the Office of the Controller. (2) The Office of the Controller shall be headed by an executive director appointed by the secretary of the Finance and Administration Cabinet with the approval of the Governor. The e…
KRS § 42.024 Office of Material and Procurement Services
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The Office of Material and Procurement Services within the Office of the Controller shall be responsible for the performance of the cabinet's purchasing functions under KRS Chapters 45 and 45A, except those purchasing functions related to the acquisition of interests in real prop…
KRS § 42.032 Web site to provide public access to expenditure records of executive branch -- Monthly and weekly updates -- Cabinet is sole custodian of information and records -- Branches to share software and applications
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branch -- Monthly and weekly updates -- Cabinet is sole custodian of information and records -- Branches to share software and applications. (1) By January 1, 2012, the Finance and Administration Cabinet shall provide public access to records relating to expenditures of the execu…
KRS § 42.035 Executive Mansion -- Maintenance and operation -- Duties of cabinet as to food, personnel and Governor's travel expenses
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food, personnel and Governor's travel expenses. (1) The Finance and Administration Cabinet shall be responsible for the management, maintenance, and operation, including the purchase for all purposes of all food and related supplies, of the Executive Mansion, and further includin…
KRS § 42.037 Old Governor's Mansion, maintenance and operation -- Duties of cabinet as to food, personnel
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to food, personnel. (1) The Finance and Administration Cabinet shall be responsible for the management, maintenance, and operation, including the purchase for all purposes of all food and related supplies, of the Old Governor's Mansion. Such personnel, including domestic and hous…
KRS § 42.038 Vest Lindsey House -- Use as state meeting house and visitor information center
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center. (1) The Division of Historic Properties shall establish the Vest Lindsey House as a state meeting house and restrict its use, except as provided in subsection (3) of this section, to small meetings, luncheons, receptions, and other similar functions deemed appropriate by …
KRS § 42.065 Powers of Office of Policy and Audit
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(1) The Office of Policy and Audit established in the Office of the Secretary in KRS 42.0145 may, with the approval of the secretary of the Finance and Administration Cabinet, conduct any internal audit, investigation, or management review in the Finance and Administration Cabine…
KRS § 42.0651 Duties of Division of State Risk and Insurance Services -- Assistance from other agencies -- Risk management program
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other agencies -- Risk management program. (1) The Division of State Risk and Insurance Services shall: (a) Oversee and assist the management of the Commonwealth's property and casualty insurance fund established in KRS Chapter 56; (b) Develop and manage programs of risk assessme…
KRS § 42.190 Cost projections of Firefighters Foundation Program fund and Law Enforcement Foundation Program fund -- Disposition of funds collected under KRS 136.392 -- Lapsing of certain funds -- Monthly reports
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Enforcement Foundation Program fund -- Disposition of funds collected under KRS 136.392 -- Lapsing of certain funds -- Monthly reports. (1) On June 1, 1982, and then on or before the first day of each December, March, June, and September thereafter, the cabinet shall request in w…
KRS § 42.200 Water project interest rate buy down fund -- Funding sources, purposes, uses, and administration
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uses, and administration. (1) The water project interest rate buy down fund is hereby created as a special fund in the State Treasury. The fund may receive state appropriations, gifts, grants, and federal funds and shall include earnings from investments of moneys in the fund. An…
KRS § 42.205 Permanent pension fund
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(1) There is hereby established within the Finance and Administration Cabinet the Kentucky permanent pension fund for the purpose of addressing the Commonwealth's unfunded pension liabilities. The proceeds contained in this fund shall be used only for contributions to the Commonw…
KRS § 42.320 Court cost distribution fund -- Disbursements -- Payments into general fund
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fund. (1) There is hereby established the court cost distribution fund, which is created to provide a central account into which the court costs collected by all circuit clerks, under KRS 23A.205(1) and 24A.175(1), shall be paid. (2) The fund shall be administered by the Finance …
KRS § 42.345 Definitions for KRS 42.350 to 42.370
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As used in KRS 42.350 to 42.370 the words: (1) "Beneficiary agency" means an agency eligible to receive the benefit of a capital project to be wholly or partly financed out of the area development fund, including and limited to political subdivisions, special districts and agenci…
KRS § 42.350 Area development fund for capital projects
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(1) The area development fund in the State Treasury shall be administered by the Department for Local Government. The fund may receive state appropriations, gifts, grants, and federal funds and shall be disbursed by the State Treasurer upon the warrant of the commissioner of the …
KRS § 42.355 Examination and approval of projects -- Grants -- Administration -- Conditions
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Conditions. (1) The Department for Local Government shall examine each capital project selected by the area development districts, and when it finds that a proposed project conforms to the requirements of KRS 42.350 to 42.370; that the estimated costs of the project are reasonabl…
KRS § 42.360 Rules and regulations for implementation of KRS 42.350 and 42.355
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The commissioner of the Department for Local Government shall promulgate rules and regulations governing submission and approval of proposed capital projects, the expenditure of moneys from the fund, and the designation of beneficiary agencies involved in capital projects as shal…
KRS § 42.370 Amounts to be expended from fund
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(1) The maximum amount to be expended out of the area development fund for capital projects within each area development district shall be calculated on the basis of the following formula: (a) Sixty percent (60%) of the fund is allocated for expenditure within each district in th…
KRS § 42.400 Office of Financial Management
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(1) The Office of Financial Management established in KRS 42.0201 shall be headed by an executive director responsible to the secretary of the Finance and Administration Cabinet, and appointed by the secretary upon approval of the Governor in accordance with the provisions of KRS…
KRS § 42.409 Definitions for KRS 42.410 and 45.760
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As used in KRS 42.410 and 45.760, unless the context requires otherwise: (1) "State total personal income" means the measure of all income received by or on behalf of persons in the Commonwealth, as most recently published in the Survey of Current Business by the United States De…
KRS § 42.410 Duties of Office of Financial Management -- Contents of state debt report
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(1) The Office of Financial Management established in KRS 42.0201 shall, subject to the provisions of KRS 41.020 to 41.375 and KRS 42.500, have and perform functions and duties as follows: (a) The analysis and management of short and long-term cash flow requirements; (b) The maxi…
KRS § 42.420 Proposed bond issuance subject to approval prior to issuance
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All other provisions of the Kentucky Revised Statutes notwithstanding, all state agencies and all individuals, agencies, authorities, boards, cabinets, commissions, corporations, or other entities of, or representing the Commonwealth with the authority to issue bonds, shall submi…
KRS § 42.425 Department for Facilities and Support Services -- Organization -- Duties
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(1) (a) The Department for Facilities and Support Services established in the Finance and Administration Cabinet by KRS 42.014 shall be generally responsible for performance of the cabinet's functions and duties as outlined in KRS Chapters 45, 45A, and 56 with relation to the man…
KRS § 42.430 Plaque commemorating prisoners and missing soldiers in Vietnam War -- Duties of Department of Veterans' Affairs and Department for Facilities and Support Services
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Duties of Department of Veterans' Affairs and Department for Facilities and Support Services. (1) To honor those Kentuckians who proudly served their country during the Vietnam War but remain unaccounted for, the Department of Veterans' Affairs shall update the plaque at the base…
KRS § 42.435 Plaque commemorating Kentucky Congressional Medal of Honor recipients -- Duties of Department for Facilities and Support Services
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-- Duties of Department for Facilities and Support Services. (1) To honor those who have been awarded a Congressional Medal of Honor, the United States' highest military award for valor in combat, the Department for Facilities and Support Services shall create a plaque to contain…
KRS § 42.450 Local Government Economic Assistance Fund -- Sources
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(1) There is hereby established in the State Treasury a fund entitled "Local Government Economic Assistance Fund." The fund may receive state appropriations, gifts, grants, and federal funds and shall be disbursed by the State Treasurer upon the warrant of the secretary of the Fi…
KRS § 42.4501 Definitions for KRS 42.450 to 42.495
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As used in KRS 42.450 to 42.495: (1) "Refund" means a payment of money from the State Treasury to a taxpayer, upon the authorization of the Department of Revenue following the submission of a timely request filed in accordance with applicable statutes and administrative regulatio…
KRS § 42.453 Kentucky Coal Fields Endowment Authority -- Creation -- Role and duties -- Project eligibility criteria -- Appropriation -- Tax exemption
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- Project eligibility criteria -- Appropriation -- Tax exemption. (1) The Kentucky Coal Fields Endowment Authority is hereby created as a public corporation, governmental agency, and instrumentality of the Commonwealth, with the perpetual succession and with power in that name to…
KRS § 42.454 Membership of Kentucky Coal Fields Endowment Authority -- Terms -- Disclosure of certain ownership interest -- Officers -- Investment options
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Disclosure of certain ownership interest -- Officers -- Investment options. (1) As used in this section: (a) "Authority" means the Kentucky Coal Fields Endowment Authority; (b) "Board" means the chair, vice chair, and secretary-treasurer of the authority; (c) "Chair" means the ch…
KRS § 42.455 Local Government Economic Assistance Program -- Grants for priority expenditures -- Administrative regulations -- Public hearings -- Reports -- Directory of coal road system
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expenditures -- Administrative regulations -- Public hearings -- Reports -- Directory of coal road system. (1) There is established within the Department for Local Government a Local Government Economic Assistance Program to consist of a system of grants to local governments to i…
KRS § 42.4582 Local government economic development fund -- Adjustment for quarterly transfers -- Schedule of transfers from general fund
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transfers -- Schedule of transfers from general fund. (1) There is hereby established in the State Treasury a fund entitled "Local Government Economic Development Fund." The fund may receive state appropriations, gifts, grants, and federal funds and shall be disbursed by the Stat…
KRS § 42.4585 Transfers from local government economic development fund to local government economic assistance fund -- Schedule of transfers
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government economic assistance fund -- Schedule of transfers. (1) A portion of each quarterly transfer of moneys provided for in KRS 42.4582 shall be transferred from the local government economic development fund into the local government economic assistance fund. (2) The amount…
KRS § 42.4588 Local Government Economic Development Program -- Use of grants -- Procedures
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Procedures. (1) (a) A Local Government Economic Development Program is established to consist of a system of grants to counties to attract new industry. Grants from funds provided for in KRS 42.4592(1)(a) and (b) shall be administered by the Department for Local Government. Grant…
KRS § 42.4592 Allocation of remaining moneys in local government economic development fund
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development fund. (1) Moneys remaining in the local government economic development fund following the transfer of moneys to the local government economic assistance fund provided for in KRS 42.4585 shall be allocated as follows: (a) Thirty-three and one-third percent (33-1/3%) s…
KRS § 42.4595 Authority for administrative regulations
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The Department for Local Government may promulgate administrative regulations to implement the provisions of KRS 42.4582, 42.4585, 42.4592, and KRS 42.4588 as it relates to KRS 42.4592(1)(a) and (b). The Cabinet for Economic Development or the Kentucky Economic Development Financ…