KRS 142.135 — Monthly transmittal of funds to board -- Retention of collection and administration fee -- Monthly report of receipts -- Restricted use of funds

(1) The department shall transmit the amounts remitted to it by retailers as required by
KRS 142.105 to the board on a monthly basis. From each deposit, the department
may deduct an amount equal to the actual operating and overhead expenses incurred
in the collection and administration of the CMRS prepaid service charge, not to
exceed one percent (1%) of th e amount collected. The department shall report its
actual expenses to the board on a quarterly basis.
(2) The department shall provide a monthly report of receipts from the CMRS prepaid
service charge to the board.
(3) Moneys held by the department prior to their transfer to the board shall not be
considered property of the Commonwealth and shall not be subject to appropriation
by the General Assembly. Such moneys shall not be:
(a) Loaned to the Commonwealth or to any instrumentality or agency thereof;
(b) Subject to transfer to the Commonwealth or any agency or instrumentality
thereof, except for purposes specifically authorized by this section; or
(c) Expended for any purpose other than a purpose authorized by KRS 65.7621 to
65.7643.