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HB588

08RS

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HB 588 (BR 1744) - R. Palumbo, A. Koenig

     AN ACT relating to the on-line publication of project status reports by the Kentucky Economic Development Finance Authority.
     Amend KRS 154.20-150 to require the Kentucky Economic Development Finance Authority to make available on-line to the public the written status reports that are submitted to the Legislative Research Commission.

HB 588 - AMENDMENTS


     HCS - Create a new section of KRS Chapter 154 to require the Cabinet for Economic Development to make available to the public an on-line, searchable database of reports provided to the Legislative Research Commission and legislative committees, including but not limited to information pertaining to the name of the recipient of approval for incentives in KREDA, KIDA, KJDA, KEOZ, the Environmental Stewardship program, the Enterprise Initiative program, the Commission on Small Business Advocacy, the Local Government Economic Development program, the Commercialization and Innovation program, the Bluegrass State Skills program, and the Kentucky Investment Fund program, and information pertaining to the location of the project, the projected number of jobs retained or created, the average hourly wage, the total investment, the maximum tax incentive, loan or grant, and the date of approval, and the project status of projects; repeal KRS 154.20-150, which requires project status reports by the authority.

     HFA (1/P, J. DeCesare) - Create new sections of KRS Chapter 42 to require the Finance and Administration Cabinet to create a searchable Web site to provide certain information on the expenditure of state funds; applicable sections of the Act to be known as the "Taxpayer Transparency Act of 2008"; attach the provisions of HB 105 to HB 588.

     HFA (2/Title, J. DeCesare) - Make title amendment.

     HFA (3/Title, J. DeCesare) - Make title amendment.

     Feb 20-introduced in House
     Feb 25-to Economic Development (H)
     Feb 26-posting waived
     Feb 28-reported favorably, 1st reading, to Calendar with Committee Substitute
     Feb 29-2nd reading, to Rules
     Mar 4-posted for passage in the Regular Orders of the Day for Wednesday, March 5, 2008; floor amendments (1) and (2) filed to Committee Substitute, floor amendment (3-title) filed
     Mar 11-3rd reading; floor amendment (1) ruled not germane ; passed 96-0 with Committee Substitute
     Mar 12-received in Senate
     Mar 14-to Appropriations & Revenue (S)

Vote History
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