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Current as of January 01, 2021 | Updated by FindLaw Staff
(1) The motorcycle safety education program fund is established as a restricted fund in the State Treasury. Moneys in the fund are hereby appropriated for the purposes set forth in KRS 176.5061 to 176.5069. Moneys in the fund shall be utilized to provide motorcycle training courses as established in KRS 176.5062 and for implementation of the program, including reimbursement of entities that offer approved motorcycle rider education courses. The Transportation Cabinet may deduct up to ten percent (10%) of available program funds per fiscal year for administrative costs from the motorcycle safety education program fund.
(2) If at the end of each fiscal year money remains in the fund, it shall be retained in the fund. The interest and income earned on money in the fund, after deducting any applicable charges, shall be credited to the motorcycle safety education program fund.
(3) The following revenue shall be credited to the fund:
(a) Four dollars ($4) of the annual registration fee for each registered motorcycle as provided in KRS 186.535;
(b) Four dollars ($4) of the application fee for a motorcycle instruction permit as provided in KRS 186.531;
(c) Ten dollars ($10) of the fee for each original or renewal motorcycle driver's license or endorsement as provided in KRS 186.531; and
(d) Any federal or state motorcycle safety funds granted to the program.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XV. Roads, Waterways, and Aviation § 176.5065.Motorcycle safety education program fund - last updated January 01, 2021 | https://codes.findlaw.com/ky/title-xv-roads-waterways-and-aviation/ky-rev-st-sect-176-5065/
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.
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