157.430 Percentage reduction in allotments in case of insufficient appropriation by General Assembly.

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157.430 Percentage reduction in allotments in case of insufficient appropriation by General Assembly. If, when the apportionments are being determined under the provisions of KRS 157.310 <br>to 157.440, funds appropriated by the General Assembly to the public school fund are <br>insufficient to provide the amount of money required under KRS 157.390, the chief state <br>school officer, unless otherwise provided by the General Assembly in a budget bill, shall <br>make a percentage reduction in the allotments to reduce the total of these allotments to <br>funds available. Effective: July 13, 1990 <br>History: Amended 1990 Ky. Acts ch. 476, Pt. III, sec. 101, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 410, sec. 11, effective July 13, 1984. -- Amended 1978 <br>Ky. Acts ch. 133, sec. 6, effective June 17, 1978. -- Created 1976 Ky. Acts ch. 93, <br>sec. 32, effective July 1, 1976. History for former KRS 157.430. Repealed 1974 Ky. Acts ch. 363, sec. 18, effective June 30, 1976 -- Amended 1964 Ky. Acts ch. 171, sec. 1. -- Amended 1960 Ky. Acts <br>ch. 145, sec. 9. -- Amended 1956 Ky. Acts ch. 106, secs. 7 and 8. -- Created 1954 <br>Ky. Acts ch. 214, sec. 13. Legislative Research Commission Note. By reason of the amendment of KRS 157.390 by Acts 1985 (Ex. Sess.), ch. 10, </p> <BR></DIV><!-- /.col.one --><!-- /.col.two --></DIV><!-- /.col.main --></DIV><!-- /div id = content --> <BR class=clear></DIV> <!-- /div id = livearea --> <DIV></DIV><!-- /.col.one --> <DIV></DIV><!-- /.col.main --> <DIV></DIV><!-- /#content --><BR class=clear> <DIV></DIV><!-- /#livearea --> <!-- Footer--> <DIV id=footer> <DIV class=container> <P class=copyright>Copyright &copy; 2012-2022 Laws9.Com All rights reserved. </P><!-- /.copyright --> <P class=footerlinks><A href="/contactus.html">Contact Us</A> | <A href="/aboutus.html">About Us</A> | <A href="/terms.html">Terms</A> | <A href="/privacy.html">Privacy</A></P><!-- /.footerlinks --> </DIV><!-- /.container --> </DIV><!-- /footer --> </BODY></HTML>