AN ACT relating to the local road repaving fund and making an appropriation therefor.
     Create a new section of KRS Chapter 178, regarding county roads, to declare legislative intent, Create new sections of KRS Chapter 178 to 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 funds 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, 2003

     Feb 4-introduced in Senate
     Feb 7-to Appropriations and Revenue (S)