Summary of Original Version

Create a new section of KRS Chapter 39A to define terms; the residential safe room rebate program; establish the residential safe room rebate fund to provide rebates to residents of this state for the construction or installation of a residential safe room; establish an application process by which the Division of Emergency Management awards rebates; require the division to promulgate administrative regulations; require the division to report annually to the Legislative Research Commission about the residential safe room rebate program.

Summary of Amendment: Senate Committee Substitute 1

Summary Retain original provisions; remove state appropriations from moneys included in the fund; add that federal funds shall include FEMA funds as moneys included in the fund.