(1) The Kentucky Proud™ promotion fund is created in the State Treasury as a trust and agency account to be administered by the department for the purposes provided in this section. (2) Notwithstanding the provisions of KRS 45.229, any moneys accruing to this fund in any fiscal year, including state appropriations, gifts, grants, federal funds, interest, and any other funds both public and private, shall not lapse but shall be carried forward to the next fiscal year. (3) Moneys received in the fund shall be use d for administrative expenses to support the Kentucky Proud ™ Program, provide grants -in-aid, and other purposes and expenses related to promoting Kentucky-grown agricultural products. (4) No producer or processor of wild caught Asian carp, paddlefish, or sturgeon shall be eligible for moneys from the Kentucky Proud™ promotion fund or the rural development fund as provided under KRS 248.655. An aquaculture producer who raises paddlefish or sturgeon in Kentucky under control led or semi -controlled conditions shall be eligible for such funds.
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