(1) The department may establish a building inspectors training program through the promulgation of administrative regulations in accordance with KRS Cha pter 13A. The program shall provide training to encourage local governments to establish and improve building code enforcement programs and to encourage all building inspectors to upgrade their skills. (2) If the department chooses to establish the program authorized in subsection (1) of this section, there shall be created in the department a trust and agency fund to be known as the "Building Inspectors' Financial Incentive Training Program fund". (3) If the department establishes the Building Inspectors' Financial Incentive Training Program fund: (a) The fund shall be funded annually with a maximum of one hundred twenty - five thousand dollars ($125,000) at a rate of one -half cent ($.005) per calculated square foot from the department's plan review fees collected; (b) Any funds annually resulting from plan review fees in excess of one hundred twenty-five thousand dollars ($125,000) shall be used solely for the operating costs of the department's building inspection program; (c) Moneys deposited annually into the Building Inspectors' Financial Incentive Training Program fund shall be available for use by the department to support the training program established pursuant to subsection (1) of this section; and (d) No moneys shall be deposited into the Building Inspectors' Financial Incentive Training Program fund causing the balance to exceed one hundred twenty-five thousand dollars ($125,000). (4) Notwithstanding KRS 45.229, any unused fund balance at the close of the fiscal year shall not lapse but shall be car ried forward to the next fiscal year. Moneys in the fund shall be available only for the purposes specified in subsection (1) of this section. (5) Any interest earnings of the trust fund shall become part of the fund and shall not lapse.
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