Kentucky Statutes 173.870 – Allocation of funds
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The state librarian shall annually on September 1 cause the State Treasurer to pay to each qualifying library out of the urban libraries fund, to the extent that funds are available, the sums computed as follows:
(1) The sum of twenty-five cents ($0.25) for each resident of the county containing a qualifying library based on the then current census of such county supplied by the Bureau of Census, United States Department of Commerce; and
(2) The remainder of available funds shall be divided equally between each qualifying library as defined by KRS § 173.850.
Effective: January 1, 2015
History: Amended 2014 Ky. Acts ch. 92, sec. 247, effective January 1, 2015. — Amended 1988 Ky. Acts ch. 237, sec. 10, effective July 15, 1988. — Created 1980
Ky. Acts ch. 383, sec. 3, effective July 15, 1980.
(1) The sum of twenty-five cents ($0.25) for each resident of the county containing a qualifying library based on the then current census of such county supplied by the Bureau of Census, United States Department of Commerce; and
Terms Used In Kentucky Statutes 173.870
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
(2) The remainder of available funds shall be divided equally between each qualifying library as defined by KRS § 173.850.
Effective: January 1, 2015
History: Amended 2014 Ky. Acts ch. 92, sec. 247, effective January 1, 2015. — Amended 1988 Ky. Acts ch. 237, sec. 10, effective July 15, 1988. — Created 1980
Ky. Acts ch. 383, sec. 3, effective July 15, 1980.