If, when the apportionments are being determined under the provisions of KRS 157.310 to 157.440, funds appropriated by the General Assembly to the public school fund are insufficient to provide the amount of money required under KRS 157.390, the chief state school officer, unless otherwise provided by the General Assembly in a budget bill, shall make a percentage reduction in the allotments to reduce the total of these allotments to funds available.
KRS 157.430
Amended 1990 Ky. Acts ch. 476, Pt. III, sec. 101, effective7/13/1990. -- Amended 1984 Ky. Acts ch. 410, sec. 11, effective 7/13/1984. -- Amended 1978 Ky. Acts ch. 133, sec. 6, effective 6/17/1978. -- Created 1976 Ky. Acts ch. 93, sec. 32, effective 7/1/1976.
History for former KRS 157.430. Repealed 1974 Ky. Acts ch. 363, sec. 18, effective 6/30/1976 -- Amended 1964 Ky. Acts ch. 171, sec. 1. -- Amended 1960 Ky. Acts ch. 145, sec. 9. -- Amended 1956 Ky. Acts ch. 106, secs. 7 and 8. -- Created 1954 Ky. Acts ch. 214, sec. 13.