Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2021 | Updated by FindLaw Staff
There is created within the road fund the highway construction contingency account. The account shall consist of moneys appropriated to the account by the General Assembly. The Transportation Cabinet may transfer money from the highway construction contingency account to a highway construction project, for expenditure thereon. These moneys may be authorized by the secretary of the Transportation Cabinet for:
(1) Projects of an emergency nature;
(2) Promotion of economic or industrial development;
(3) Relief of a hazardous condition;
(4) Other purposes that the secretary determines to be a priority;
(5) Provision of required state match for any unanticipated federal funds made available by the Federal Highway Administration to the Commonwealth as a result of other states not utilizing their total federal obligation;
(6) The funding of any nonfederal share of a project in a previous or the current biennial highway construction programs that exceeds its cost estimate;
(7) The nonfederal share of federal emergency highway projects, federal discretionary projects, and federal demonstration projects; and
(8) The nonfederal share of projects due to an increase in the federal apportionment or federal obligation limits.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title VI. Financial Administration § 45.247.Highway construction contingency account - last updated January 01, 2021 | https://codes.findlaw.com/ky/title-vi-financial-administration/ky-rev-st-sect-45-247/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)