AN ACT relating to the local road repaving fund and making an appropriation therefor, and declaring an emergency.
     Create new sections of KRS Chapter 178, regarding county roads, to declare legislative intent; establish the local road repaving fee set at one-half cent on each gallon of gasoline and special fuels received in the state; establish the local road repaving fund within the Department of Rural and Municipal Aid; establish accounts within the fund for local planning, county repaving, and city repaving; direct that the fund receive all money derived from the local road repaving fee; set forth the allowable uses and distribution formulas for the county repaving account, the city repaving account, and the local planning accounts; require annual reports from local governments receiving funds from the local government repaving fund to the department detailing the uses of funds received; require the Transportation Cabinet to promulgate regulations to administer the local road repaving fund; amend KRS 224.60-145 to reduce the amount of the petroleum environmental assurance fee by one-half cent, from 1.4 cents to 0.9 cents; amend KRS 224.60-130 and 224.60-140 to conform; EFFECTIVE JULY 1, 2004.

     Feb 18-introduced in Senate
     Feb 23-to Appropriations and Revenue (S)