Ky. Rev. Stat. § 176.5065

Current through 2024 Ky. Acts ch.225

Section 176.5065 - Motorcycle safety education program fund

(1) The motorcycle safety education program fund is established as a restricted fund in the State Treasury. Moneys in the fund are hereby appropriated for the purposes set forth in KRS 176.5061 to 176.5069. Moneys in the fund shall be utilized to provide motorcycle training courses as established in KRS 176.5062 and for implementation of the program, including reimbursement of entities that offer approved motorcycle rider education courses. The Transportation Cabinet may deduct up to ten percent (10%) of available program funds per fiscal year for administrative costs from the motorcycle safety education program fund.

(2) If at the end of each fiscal year money remains in the fund, it shall be retained in the fund. The interest and income earned on money in the fund, after deducting any applicable charges, shall be credited to the motorcycle safety education program fund.

(3) The following revenue shall be credited to the fund:

(a) Four dollars ($4) of the annual registration fee for each registered motorcycle as provided in KRS 186.535;

(b) Four dollars ($4) of the application fee for a motorcycle instruction permit as provided in KRS 186.531;

(c) Ten dollars ($10) of the fee for each original or renewal motorcycle driver's license or endorsement as provided in KRS 186.531; and

(d) Any federal or state motorcycle safety funds granted to the program.

KRS 176.5065

Effective: June 29, 2021

Repealed, reenacted, and amended 2021 Ky. Acts ch. 190, sec. 5, effective June 29, 2021. -- Amended 2018 Ky. Acts ch. 39, sec. 6, effective January 1, 2019. -- Amended 2017 Ky. Acts ch. 100, sec. 36, effective January 1, 2019. -- Amended 2007 Ky. Acts ch. 85, sec. 52, effective June 26, 2007. -- Created 2005 Ky. Acts ch. 122, sec. 5, effective July 1, 2005.

Added by 2021 Ky. Acts ch. 190,§ 5, eff. 6/29/2021.

Legislative Research Commission Note (7/1/2005). Under the authority of KRS 7.136(1)(h), during codification a manifest clerical or typographical error has been corrected. In the second sentence of 2005 Ky. Acts ch. 122, sec. 5(2), the phrase "motorcycle safety education fund" has been corrected to read "motorcycle safety education program fund" as it is clear from the context that the word "program" was erroneously omitted in that sentence.

Formerly codified as 15A.358