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Committee creates temporary Eastern Kentucky disaster fund framework and authorizes transfers from prior SAFE funds
Summary
House Bill 5544 as amended (PHS 1) establishes a named state disaster fund tied to the presidential declaration FEMA-4860-DR-KY for recent Eastern Kentucky flooding, allows transfers from prior EK and WK SAFE funds, and includes an emergency clause; committee reported the bill favorably (20-0) and added a title amendment.
The House Appropriations and Revenue Committee on Tuesday advanced House Bill 5544 as amended by PHS 1, creating a special fund to track state disaster relief tied to the presidential major-declaration FEMA-4860-DR-KY and authorizing transfers from prior Eastern Kentucky (EK) and Western Kentucky (WK) SAFE funds.
Chair Petrie summarized the bill’s structure: it establishes a fund (indexed to the presidential declaration FEMA-4860-DR-KY), allows that the fund may receive state appropriations, gifts, grants and federal funds, designates funds to not lapse and to carry forward, and states that interest earned remains in the…
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