Kentucky Statutes 260.019 – Kentucky Proud™ promotion fund
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(1) The Kentucky Proud™ promotion fund is created in the State Treasury as a trust and agency account to be administered by the department for the purposes provided in this section.
(2) Notwithstanding the provisions of KRS § 45.229, any moneys accruing to this fund in any fiscal year, including state appropriations, gifts, grants, federal funds, interest, and any other funds both public and private, shall not lapse but shall be carried forward to the next fiscal year.
(3) Moneys received in the fund shall be used for administrative expenses to support the Kentucky Proud™ Program, provide grants-in-aid, and other purposes and expenses related to promoting Kentucky-grown agricultural products.
(4) No producer or processor of wild caught Asian carp, paddlefish, or sturgeon shall be eligible for moneys from the Kentucky Proud™ promotion fund or the rural development fund as provided under KRS § 248.655. An aquaculture producer who raises paddlefish or sturgeon in Kentucky under controlled or semi-controlled conditions shall be eligible for such funds.
Effective: June 29, 2021
History: Amended 2021 Ky. Acts ch. 101, sec. 2, effective June 29, 2021. — Created
2008 Ky. Acts ch. 154, sec. 6, effective July 15, 2008.
(2) Notwithstanding the provisions of KRS § 45.229, any moneys accruing to this fund in any fiscal year, including state appropriations, gifts, grants, federal funds, interest, and any other funds both public and private, shall not lapse but shall be carried forward to the next fiscal year.
Terms Used In Kentucky Statutes 260.019
- 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.
- Producer: means a person who cultivates or harvests hay or other agricultural products for sale. See Kentucky Statutes 260.010
- 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 received in the fund shall be used for administrative expenses to support the Kentucky Proud™ Program, provide grants-in-aid, and other purposes and expenses related to promoting Kentucky-grown agricultural products.
(4) No producer or processor of wild caught Asian carp, paddlefish, or sturgeon shall be eligible for moneys from the Kentucky Proud™ promotion fund or the rural development fund as provided under KRS § 248.655. An aquaculture producer who raises paddlefish or sturgeon in Kentucky under controlled or semi-controlled conditions shall be eligible for such funds.
Effective: June 29, 2021
History: Amended 2021 Ky. Acts ch. 101, sec. 2, effective June 29, 2021. — Created
2008 Ky. Acts ch. 154, sec. 6, effective July 15, 2008.