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House Bill 310

Actions | Amendments
Last Action signed by Governor (Acts ch. 62)
Title AN ACT relating to tax increment financing.
Bill Documents Bill
Impact Statements Fiscal Note
Bill Request Number 1099
Sponsors B. Damron, G. Stumbo, R. Adkins, L. Clark, R. Crimm, M. Dossett, B. Farmer, K. Flood, J. Hoover, R. Palumbo, R. Quarles, R. Rand, S. Riggs, C. Rollins II, S. Santoro, A. Simpson, R. Smart, T. Thompson, J. Tilley, B. Waide, S. Westrom, B. Yonts
Summary of Original Version Amend KRS 65.7043, 65.7045, 65.7049, and 154.30-060 to expand the application of the tax increment financing provisions to mixed-use development projects located in a research park owned by a public university, and to projects that are within three miles of a military base; amend KRS 65. 7051 and 65.7053 to conform.
Index Headings of Original Version Fiscal Note - Tax increment financing, additional qualifying projects
Economic Development - Tax increment financing, additional qualifying projects
Taxation - Tax increment financing, additional qualifying projects
Universities and Colleges - Tax increment financing, projects located in university research parks
Proposed Amendments Senate Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
02/02/11
  • introduced in House
02/03/11
  • to Appropriations & Revenue (H)
02/04/11
  • posted in committee
02/08/11
  • reported favorably, 1st reading, to Calendar
02/09/11
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Thursday, February 10, 2011
02/10/11
  • 3rd reading, passed 99-0
02/11/11
  • received in Senate
02/15/11
  • to Appropriations & Revenue (S)
02/23/11
  • taken from Appropriations & Revenue (S)
  • 1st reading
  • returned to Appropriations & Revenue (S)
02/24/11
  • taken from Appropriations & Revenue (S)
  • 2nd reading
  • returned to Appropriations & Revenue (S)
03/02/11
  • reassigned to Economic Development, Tourism & Labor (S)
03/03/11
  • reported favorably, to Rules with Committee Substitute as a Consent Bill
  • posted for passage in the Regular Orders of the Day for Thursday, March 3, 2011
  • 3rd reading, passed 32-2 with Committee Substitute
03/04/11
  • received in House
  • posted for passage for concurrence in Senate Committee Substitute
  • House concurred in Senate Committee Substitute
  • passed 97-0
  • enrolled, signed by each presiding officer
  • delivered to Governor
03/16/11
  • signed by Governor (Acts ch. 62)

Proposed Amendments

Top | Actions
Amendment Senate Committee Substitute 1
Summary Retain original provisions; amend KRS 154.30-010 to extend the activation date allowed for signature tax increment financing projects that were approved by January 1, 2008 but not yet activated to anytime within ten years of the original project commencement date; apply the extension retroactively to qualifying agreements.
Index Headings Fiscal Note - Tax increment financing, additional qualifying projects
Economic Development - Tax increment financing, additional qualifying projects
Taxation - Tax increment financing, additional qualifying projects
Universities and Colleges - Tax increment financing, projects located in university research parks

Last updated: 1/16/2019 3:43 PM (EST)