KY HB384

Modifies road fund revenue sharing formulas by establishing a $775 million threshold: when revenue sharing funds are at or below this amount, current percentage allocations (18.3% for county roads, 7.7% for urban roads) remain unchanged; when funds exceed this threshold, allocations shift to fixed base amounts ($141,825,000 for counties, $59,675,000 for urban areas) plus 13% of funds exceeding $775 million

Maintains the existing 22.2% allocation for secondary and rural road construction, reconstruction, and maintenance administered by the Transportation Cabinet

Caps Kentucky Transportation Center funding at $190,000 per fiscal year from the 0.1% road fund allocation

Adds statutory definitions for "construction," "reconstruction," "maintenance," "street," and "urban road" to clarify eligible expenses including planning, surveying, rights-of-way acquisition, utility relocation, lighting, and hazard elimination

Declares an emergency to take effect immediately upon passage and gubernatorial approval to implement budgetary changes at the start of the fiscal year