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Kentucky Revised Statutes Title XVIII. Public Health § 224A.040.Construction or acquisition of infrastructure projects; or improvement of public drinking water and wastewater systems

Current as of January 01, 2025 | Updated by Findlaw Staff

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 operational capacity of public drinking water and wastewater systems by:

(1) Leasing an infrastructure project;

(2) Making loans or grants as funds are available, to any governmental agency; or

(3) Purchasing obligations of a governmental agency, provided that any financial assistance supplied to the governmental agency, as defined in KRS 224A.011, will not cause the interest on current or future state agency or authority obligations, if excludable from gross income for federal tax purposes, to be included in gross income for federal tax purposes.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title XVIII. Public Health § 224A.040.Construction or acquisition of infrastructure projects; or improvement of public drinking water and wastewater systems - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xviii-public-health/ky-rev-st-sect-224a-040/

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