Statutes, codes, and regulations
Kentucky Revised Statutes
Title 7 - PUBLIC PROPERTY AND PUBLIC PRINTINGChapter 56 - STATE LANDS AND BUILDINGS
KENTUCKY ASSET/LIABILITY COMMISSION
Section 56.860 - Purpose of KRS 56.860 to 56.869

Ky. Rev. Stat. § 56.860

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Current through 2024 Ky. Acts ch.225
Section 56.860 - Purpose of KRS 56.860 to 56.869

The purpose of KRS 56.860 to 56.869 is to create an independent commission that will take a comprehensive view of the Commonwealth's finances and develop policies and strategies that will seek to minimize the impact of fluctuating receipts of revenues on the budget of the Commonwealth and of fluctuating interest rates on the Commonwealth's interest-sensitive assets and interest-sensitive liabilities.

KRS 56.860

Effective:5/30/1997
Created 1997, (1st Extra. Sess.) Ky. Acts ch. 4, sec. 1, effective5/30/1997.