Page 231 - GDPR and US States General Privacy Laws Deskbook
P. 231

231 | Kentucky Consumer Data Protection Act
SECTION 10. A NEW SECTION OF KRS CHAPTER 367 IS CREATED TO READ AS FOLLOWS:
There is hereby created a trust and agency account to be known as the consumer privacy fund. The fund shall be administered
by the Office of the Attorney General. All civil penalties collected pursuant to Sections 1 to 10 of this Act shall be deposited
into the fund. Interest earned on moneys in the fund shall accrue to the fund. Moneys in the fund shall be used by the Office
of the Attorney General to enforce Sections 1 to 10 of this Act. Notwithstanding KRS 45.229, any moneys remaining in the
fund at the close of the fiscal year shall not lapse but shall be carried forward into the succeeding fiscal year to be used by the
Office of the Attorney General for the purposes set forth in Sections 1 to 10 of this Act.
SECTION 11. THIS ACT MAY BE CITED AS THE KENTUCKY CONSUMER DATA PROTECTION
ACT.
SECTION 12. THIS ACT TAKES EFFECT JANUARY 1, 2026.
























































































   229   230   231   232   233