Kentucky Revised Statutes
Includes enactments through the 2024 Regular Session
Chapter titles, centered headings, section catchlines, and explanatory notes are for informational purposes only and do not constitute any part of the law. For general laws governing construction of statutes, see KRS Chapter 446.
The KRS database was last updated on 11/22/2024
.005 Purpose of chapter.
.010 Definitions for chapter.
.015 Kentucky Public Transportation Infrastructure Authority -- Members -- Meetings -- Records -- Administrative regulations -- Model procurement code compliance.
.020 Purpose of state authority -- Participation as a developing or issuing authority -- Oversight function -- Legislative ratification required for certain actions -- Administrative regulation regarding fee.
.025 Powers and duties of developing authority and issuing authority -- Project development restrictions.
.030 Projects connecting Kentucky and an adjoining state -- Bi-state authority -- Formation -- Members -- Bi-state agreement -- Financial plan -- Legislative findings and declarations -- Approval of project connecting Kentucky and Ohio.
.035 Development of projects within Kentucky -- Project authority -- Financial plan -- Submission of project for legislative ratification -- Membership of project authority -- Development agreement -- Commonwealth owns project upon bond retirement or termination of partnership.
.037 Use of public-private partnership -- Requirements -- Administrative regulations.
.040 Tolls and other revenues to be derived from projects -- Sinking fund -- Pledges of sinking fund -- Use and disposition of moneys -- Project users to pay appropriate toll -- Penalties -- Confidentiality of toll collection customer account information.
.045 Required standards for completed projects.
.050 Permitted construction activities -- Permitted entry upon lands, waters, and premises for necessary construction work -- Administrative regulations concerning public utility facilities.
.055 Agreements for use of project authority lands.
.060 Issuance of project revenue bonds -- Use of bond proceeds.
.065 Project revenue bonds not a debt or pledge of faith and credit of the Commonwealth or its subdivisions -- Statement on face of bonds.
.070 Project revenue bonds may be secured by trust agreement -- Permissible provisions.
.075 Moneys received under chapter are trust funds -- Permitted investment of project revenue bond proceeds.
.080 Operation and maintenance of projects constitute performance of essential governmental functions -- Tax-free status of projects and project revenue bonds.
.085 Project revenue bonds are authorized investment securities.
.090 Maintenance and repair of projects -- Restoration of or compensation for damaged private property -- Permitted leases.
.095 Evaluation of project condition prior to bond retirement -- Evaluation of tolls upon transfer of ownership -- Transfer of funds -- Actions required prior to and upon bond retirement or termination of partnership.
.100 Annual report by state authority -- Annual audit of state authority.
.105 Conflict of interest for officers or employees of an authority.
.110 Indemnification from liability for an authority's board members, officers, and employees.
.115 Project planning or work done prior to establishment of an authority.