Last Action | posted in committee |
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Title | AN ACT relating to the sunsetting of tax inducement programs. |
Bill Documents |
Bill
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Impact Statements | Fiscal Note |
Bill Request Number | 1493 |
Sponsor | J. Wayne |
Summary of Original Version | Create a new section in KRS 6.905 to 6.935 to provide a timetable for the sunset of each tax increment financing, tourism development, and economic development program and require the Program Review and Investigations Committee of the Legislative Research Commission to conduct a systematic review prior to the expiration of each program; create a new section in KRS Chapter 65 to sunset tax increment financing provisions; create a new section in KRS Chapter 148 to sunset the Kentucky Tourism Development Act; create a new section in Subchapter 12 of KRS Chapter 154 to sunset the various economic development programs; amend KRS 131.190 to allow Legislative Research Commission staff access to confidential data and impose the penalties for improper use or disclosure of the data as provided by KRS 131.990(2)(a) and (b). |
Index Headings of Original Version |
Fiscal Note - Review of tax increment financing, tourism development, and economic development programs Commerce - Tourism Development Act, sunset Economic Development - Sunset of economic development programs Legislative Research Commission - Review of tax increment financing, tourism development, and economic development programs Taxation - Sunset of tax inducement programs, LRC to review |
03/04/08 |
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03/05/08 |
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03/13/08 |
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Last updated: 8/28/2019 8:09 AM (EDT)