Kentucky Revised Statutes
Includes enactments through the 2024 Regular Session
Chapter titles, centered headings, section catchlines, and explanatory notes are for informational purposes only and do not constitute any part of the law. For general laws governing construction of statutes, see KRS Chapter 446. %--span>
The KRS database was last updated on 11/20/2024 %--span>
.20-010 Kentucky Economic Development Finance Authority -- Members -- Officers.
.20-020 Authority to commit cabinet to projects -- Exceptions.
.20-025 Resident of bordering state may be considered qualified employee during review of applications.
.20-029 Short title for KRS 154.20-030 to 154.20-150.
.20-030 Purpose of authority.
.20-033 Powers of authority -- Limitation of liability -- Payment of administrative and operational expenses.
.20-035 Purposes for borrowing money or issuing bonds or notes -- Sale of bonds or notes -- Terms -- Tax exemption.
.20-040 Loan insurance account -- Deposits -- Money transferred.
.20-045 Insurance or guarantee by authority.
.20-050 Contract of insurance by authority -- Authority not an insurer.
.20-060 Projects eligible for insurance by authority -- Priority given to certain projects.
.20-070 Authority backing limited to projects with significant private sector financial support -- Terms and conditions determined by authority.
.20-080 Agreements with lenders -- Provisions included.
.20-090 Special fund to secure loan insurance account obligations.
.20-100 Reclamation development fund -- Deposits.
.20-105 Use of reclamation development fund.
.20-110 Written approval of application by local agency.
.20-120 Attorney's fees as part of judgment.
.20-130 Financial interests of authority members.
.20-140 Negotiations with other agencies -- Construction of authority's powers and obligations.
.20-150 Project status reports by authority -- Annual report -- Construction activity report.
.20-160 Development of criteria for productivity gains to be used in considering requests for financial assistance.
.20-170 Priority consideration for certain businesses.
.20-180 Business networks revolving loan fund -- Eligibility for assistance -- Administration of fund.
.20-190 Rural hospital operations and facilities revolving loan fund.
.20-200 Definitions for KRS 154.20-200 to 154.20-216.
.20-202 Authority to promulgate administrative regulations -- Requirements for approval of eligible companies and economic development projects.
.20-203 Deadline for new applications -- Governing law for outstanding approved projects.
.20-204 Total tax refund incentive -- Application and approval of eligible company -- Transfer of designation as approved company.
.20-206 Authorization of sales and use tax refund for approved company -- Administrative regulations.
.20-208 Time for application and approval of eligible company as approved company.
.20-210 Agreement between authority and approved company.
.20-212 Company's filings under KRS 154.20-200 to 154.20-216 subject to Open Records Act.
.20-214 Authority to report annually to Legislative Research Commission and Governor.
.20-216 Short Title -- Kentucky Enterprise Initiative Act.
.20-220 Definitions for KRS 154.20-220 to 154.20-229.
.20-222 Purposes -- Legislative findings and declarations.
.20-226 Application, approval, and review process.
.20-228 Eligibility for approval of a proposed data center project.
.20-229 Memorandum of agreement -- Required terms.
.20-230 Definitions for KRS 154.20-230 to 154.20-240.
.20-232 Purpose of KRS 154.20-230 to 154.20-240.
.20-234 Angel Investor Program qualification requirements.
.20-236 Total amounts of tax credit that may be awarded -- Administrative regulations -- Contract for administration and management of certification and application procedure.
.20-238 Timetables for investments and credit award approval -- Web site reports.
.20-240 Annual report by small businesses.
.20-250 Purpose of KRS 154.20-250 to 154.20-284.
.20-253 Repealed, 2002.
.20-254 Definitions for KRS 154.20-250 to 154.20-284.
.20-255 Tax credits available to investment fund -- Application for approval as manager -- Requirements for investment fund -- Agreement -- Total qualified investments made by fund.
.20-256 Approval of investment funds and managers -- Application -- Documents -- Powers of authority -- Purpose of investment fund -- Criteria for approval -- Disclosure form -- Operation of multiple funds -- Loss of unused credits -- Confidentiality -- Standards.
.20-257 Repealed, 2002.
.20-258 Investor entitled to credit -- Amount -- Carry-forward -- Liabilities -- Transferability -- Notification of Department of Revenue -- Additional credits.
.20-259 Repealed, 2002.
.20-260 Claim of credit on tax return -- Confidentiality.
.20-261 Repealed, 2002.
.20-262 Penalties and interest -- Liability of investors -- Powers and duties of Department of Revenue.
.20-263 Repealed, 2002.
.20-264 Annual report by investment fund manager -- Status report by authority -- Confidentiality -- Fee.
.20-265 Investment fund approved before July 1, 2002.
.20-267 Repealed, 2002.
.20-269 Repealed, 2002.
.20-271 Repealed, 2002.
.20-273 Repealed, 2002.
.20-277 Annual examination of investment funds by authority and Department of Revenue -- Other audits -- Department's powers of enforcement -- Notice of noncompliance -- Examination, investigative, and enforcement powers of securities regulatory organizations.
.20-279 Limitation of liability for the Commonwealth and its agents.
.20-281 Dissolution or liquidation of investment fund.
.20-283 Prohibition against certain qualified investments and financial interests -- Investment fund manager's limitations on holding management positions in small businesses in which investment fund has invested.
.20-284 Short title for KRS 154.20-250 to 154.20-284.
.20-285 Investment in single knowledge-based entity -- Investment by local governments -- Transfer of tax credits.
.20-300 Repealed, 1998.
.20-305 Repealed, 1998.
.20-310 Repealed, 1998.
.20-320 Repealed, 1998.
.20-330 Repealed, 1998.
.20-340 Repealed, 1998.
.20-350 Repealed, 1998.
.20-360 Repealed, 1998.
.20-370 Repealed, 1998.
.20-380 Repealed, 1998.
.20-390 Repealed, 1998.
.20-400 Definitions for KRS 154.20-400 to 154.20-420.
.20-405 Repealed, 2022.
.20-410 Kentucky alternative fuel and renewable energy fund -- Suspension -- Transfer of funds.
.20-415 Kentucky Alternative Fuel and Renewable Energy Fund Program -- Purpose.
.20-420 Science and technology organization -- Duties -- Funding application process -- Negotiation of agreements.
.20-520 Trust funds -- Payments.
.20-530 Mortgage insurance corporation -- Trust account.
.20-540 Powers of insurance corporation.
.20-550 Insurance payable from trust account.
.20-560 Restrictions on insurance commitment.
.20-570 Contract recapture provisions.
.20-580 Definitions for KRS 154.20-580 to 154.20-589.
.20-583 Commercial loans -- Procedures.
.20-586 Eligible companies -- Requirements.
.20-589 Western Kentucky risk assistance fund.