SB 40 (BR 943) - R. Palmer II
AN ACT relating to the removal of abandoned water vessels and making an appropriation therefor.
Create a new section of KRS 151.700 to 151.730 to create a water vessel removal assistance fund to be administered by the Kentucky River Authority; require the Kentucky River authority to establish criteria for when the removal of an abandoned water vessel is necessary, use amounts deposited into the water vessel removal assistance fund to assist in the removal of water vessels from any waters of this state, accept bids and contract to provide for the removal of abandoned water vessels, and promulgate administrative regulations; require the Kentucky River Authority to submit annual report detailing all bids awarded; amend KRS 235.090 to require that the Transportation Cabinet transfer 50 percent of the fees received from KRS 235.080, 235.085, and 235.130 to the water vessel assistance fund; require transfers to be made quarterly, within 30 days of the close of each fiscal quarter; amend KRS 151.720 to authorize and empower the Kentucky River Authority to implement these provisions.
Jan 7-introduced in Senate
Jan 13-to Natural Resources & Energy (S)
Mar 19-reported favorably, 1st reading, to Calendar
Mar 20-2nd reading, to Rules