(1) All license, permit, and certificate fees, charges, fines, and other moneys collected by the board under the provisions of this chapter, and the administrative regulations of the board, shall be deposited into the State Treasury and credited to a trust and agency fund to be used by the board in carrying out the provisions of this chapter, and are hereby appropriated for those purposes.
(2) Notwithstanding KRS § 45.229, any moneys remaining in the fund at the close of the fiscal year shall not lapse but shall be carried forward into the succeeding fiscal year.

Terms Used In Kentucky Statutes 315.195

  • Board: means the Kentucky Board of Pharmacy. See Kentucky Statutes 315.010
  • 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.
  • 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

Effective: July 12, 2012
History: Amended 2012 Ky. Acts ch. 73, sec. 14, effective July 12, 2012. — Amended
1996 Ky. Acts ch. 257, sec. 22, effective July 15, 1996. — Amended 1982 Ky. Acts ch. 191, sec. 18, effective July 15, 1982. — Created 1966 Ky. Acts ch. 260, sec. 11.