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 t he budget of the Commonwealth and of fluctuating interest rates on the Commonwealth's interest -sensitive assets and interest -sensitive liabilities. Effective: May 30, 1997 History: Created 1997 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 1, effective May 30, 1 997.
Kentucky Legal Code