(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 availa ble 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.
‹ Prev All Kentucky sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.