Kentucky Statutes 146.570 – Kentucky Heritage Land Conservation fund
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(1) There is hereby established in the State Treasury a fund entitled “Kentucky Heritage Land Conservation fund.” The fund shall primarily receive state appropriations, gifts, grants, federal funds, and tax receipts. The fund shall be disbursed by the State Treasurer upon the warrant of the secretary of the Finance and Administration Cabinet. Moneys in the fund not expended at the end of a fiscal year shall be carried forward to the next fiscal year, and the fund shall not lapse. Moneys in the fund shall be invested in accordance with administrative regulations developed by the State Investment Commission in accordance with KRS § 42.525. Interest earnings shall accrue to the fund.
(2) The fund shall be attached for administrative, budgeting, and capital planning and reporting purposes to the Office of Kentucky Nature Preserves. Land acquisitions shall be authorized by the General Assembly and reported to the Capital Projects and Bond Oversight Committee in accordance with KRS § 45.750 to KRS § 45.800. Allocation of moneys as approved by the board for management of the lands shall be appropriated to each separate agency as part of its operating budget.
(3) Moneys in the fund shall be used exclusively for the purposes of acquisition and management of lands as defined in KRS § 146.560 and for administration of the fund program by the office. Each recipient of moneys shall develop and implement a resource management plan for each tract acquired, and shall allocate some moneys received for management of lands acquired as directed by the board. Lands acquired shall be maintained in perpetuity for the purposes set out in KRS § 146.560.
(4) Moneys in the fund shall be allocated as follows:
(a) The Department of Parks shall receive ten percent (10%);
(b) The Department of Fish and Wildlife Resources shall receive ten percent
(10%);
(c) The Energy and Environment Cabinet, Division of Forestry, shall receive ten percent (10%);
(d) Ten percent (10%) shall be allocated for the Wild Rivers System established by the Kentucky Wild Rivers Act, KRS § 146.200 to KRS § 146.360, and any administrative regulations promulgated pursuant thereto;
(e) The Office of Kentucky Nature Preserves shall receive ten percent (10%); and
(f) The board shall receive the remaining fifty percent (50%), for allocation to private, nonprofit land trust organizations, state agencies, local governments, and state colleges and universities. Any funds expended under this paragraph to private, nonprofit land trust organizations shall be matched dollar-for-dollar as required in KRS § 146.560(2).
Effective: July 14, 2018
History: Amended 2018 Ky. Acts ch. 29, sec. 44, effective July 14, 2018. — Amended
2013 Ky. Acts ch. 62, sec. 2, effective June 25, 2013. — Amended 2010 Ky. Acts ch.
24, sec. 135, effective July 15, 2010. — Amended 1994 Ky. Acts ch. 328, sec. 3, effective July 15, 1994. — Created 1990 Ky. Acts ch. 446, sec. 5, effective July 13,
1990.
(2) The fund shall be attached for administrative, budgeting, and capital planning and reporting purposes to the Office of Kentucky Nature Preserves. Land acquisitions shall be authorized by the General Assembly and reported to the Capital Projects and Bond Oversight Committee in accordance with KRS § 45.750 to KRS § 45.800. Allocation of moneys as approved by the board for management of the lands shall be appropriated to each separate agency as part of its operating budget.
Terms Used In Kentucky Statutes 146.570
- Federal: refers to the United States. See Kentucky Statutes 446.010
- 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.
- Oversight: Committee review of the activities of a Federal agency or program.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Year: means calendar year. See Kentucky Statutes 446.010
(3) Moneys in the fund shall be used exclusively for the purposes of acquisition and management of lands as defined in KRS § 146.560 and for administration of the fund program by the office. Each recipient of moneys shall develop and implement a resource management plan for each tract acquired, and shall allocate some moneys received for management of lands acquired as directed by the board. Lands acquired shall be maintained in perpetuity for the purposes set out in KRS § 146.560.
(4) Moneys in the fund shall be allocated as follows:
(a) The Department of Parks shall receive ten percent (10%);
(b) The Department of Fish and Wildlife Resources shall receive ten percent
(10%);
(c) The Energy and Environment Cabinet, Division of Forestry, shall receive ten percent (10%);
(d) Ten percent (10%) shall be allocated for the Wild Rivers System established by the Kentucky Wild Rivers Act, KRS § 146.200 to KRS § 146.360, and any administrative regulations promulgated pursuant thereto;
(e) The Office of Kentucky Nature Preserves shall receive ten percent (10%); and
(f) The board shall receive the remaining fifty percent (50%), for allocation to private, nonprofit land trust organizations, state agencies, local governments, and state colleges and universities. Any funds expended under this paragraph to private, nonprofit land trust organizations shall be matched dollar-for-dollar as required in KRS § 146.560(2).
Effective: July 14, 2018
History: Amended 2018 Ky. Acts ch. 29, sec. 44, effective July 14, 2018. — Amended
2013 Ky. Acts ch. 62, sec. 2, effective June 25, 2013. — Amended 2010 Ky. Acts ch.
24, sec. 135, effective July 15, 2010. — Amended 1994 Ky. Acts ch. 328, sec. 3, effective July 15, 1994. — Created 1990 Ky. Acts ch. 446, sec. 5, effective July 13,
1990.