# KRS § 224A.050: 224A.050 Use of funds

> Kentucky · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.050

## Section

- **Citation:** KRS § 224A.050
- **Heading:** 224A.050 Use of funds
- **Jurisdiction:** Kentucky
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** KY Code / Title XVIII / Chapter 224A / Section 224A.050

## Text

224A.050 Use of funds.

It is hereby found and declared as a legislative finding of fact that in performing its duties

and responsibilities, the authority is performing and carrying out essential governmental

functions. The authority may, from time to time, receive and accept any and all

appropriations to the authority which may be made by the General Assembly of the state,

and the appropriations may be made to the authority. The authority may, from time to

time, receive and accept from the state, its agencies, and any federal agency, grants for, or

in aid of, any infrastructure project, and grants for, or in aid of, research or management

studies or training projects related to the purposes for which the authority is created, the

grants or contributions to be held, used, and applied only for the purposes for which the

grants and contributions are made and received.

## Nearby sections

- [KRS § 224A.011 224A.011 Definitions for chapter](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.011.md)
- [KRS § 224A.013 224A.013 Remediation of property as qualified infrastructure project](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.013.md)
- [KRS § 224A.020 224A.020 Legislative finding as to infrastructure projects](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.020.md)
- [KRS § 224A.030 224A.030 Creation of Kentucky Infrastructure Authority -- Membership](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.030.md)
- [KRS § 224A.035 224A.035 Purpose and status of Kentucky Infrastructure Authority](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.035.md)
- [KRS § 224A.040 224A.040 Construction or acquisition of infrastructure projects or improvement of public drinking water and wastewater systems](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.040.md)
- [KRS § 224A.050 224A.050 Use of funds](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.050.md)
- [KRS § 224A.060 224A.060 Authority is taxing district -- Power to levy taxes](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.060.md)
- [KRS § 224A.070 224A.070 Powers](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.070.md)
- [KRS § 224A.080 224A.080 Correlative powers of other governmental agencies](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.080.md)
- [KRS § 224A.085 224A.085 Interim financing](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.085.md)
- [KRS § 224A.090 224A.090 Payment of study expenses from revenue bond proceeds](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.090.md)
- [KRS § 224A.100 224A.100 Assistance agreements -- Contents -- Review by legislative committee](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.100.md)
- [KRS § 224A.110 224A.110 Deposit of moneys -- Use of revenues](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.110.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KY_TXVIII_C224A_S224A.050. Check the current official text before relying on it. Not legal advice.