(1) No provision of a branch budget bill shall be effective beyond the second fiscal year from the date of its enactment. A budget bill enacted at a special session or in an odd-numbered-year regular session of the General Assembly shall not be effective past July 1 of the year in which the next even-numbered-year regular session takes place.
(2) A budget bill may contain language which exempts the budget bill or any appropriation or the use thereof from the operation of a statute for the effective period of the budget bill.

Terms Used In Kentucky Statutes 48.310

  • Budget: means the complete financial plan for each fiscal year contained in a branch budget bill provided for by this chapter. See Kentucky Statutes 48.010
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Statute: A law passed by a legislature.
  • Year: means calendar year. See Kentucky Statutes 446.010

Effective: June 21, 2001
History: Amended 2001 Ky. Acts ch. 58, sec. 6, effective June 21, 2001. — Amended
1990 Ky. Acts ch. 507, sec. 14, effective July 13, 1990. — Amended 1984 Ky. Acts ch. 410, sec. 5, effective July 13, 1984. — Created 1982 Ky. Acts ch. 450, sec. 22, effective July 1, 1983.

  Previous section
Next section  
 Chapter 48 Contents