| Last Action | to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to TVA in-lieu-of-tax payments. |
| Bill Documents |
Bill
|
| Bill Request Number | 1900 |
| Sponsors | W. Stone, J. Tilley, J. Bell, J. Carney, W. Coursey, J. DeCesare, M. Dossett, M. Henley, J. Hoover, B. Housman, R. Huff, M. King, F. Nesler, J. Richards, B. Rowland, S. Rudy, T. Thompson |
| Summary of Original Version | Amend KRS 96.895 to provide that, beginning in fiscal year 2014-2015, fifty percent (50%) of the Tennessee Valley Authority in-lieu-of-tax payments made to the Commonwealth and retained in the general fund will be allocated to designated local and regional economic or industrial development agencies for economic development and job creation activities. |
| Index Headings of Original Version |
Labor and Industry - TVA in-lieu-of-tax payments, direction to economic development activities Local Government - TVA in-lieu-of-tax payments, direction to economic development activities Taxation - TVA in-lieu-of-tax payments, direction to economic development activities Taxation, Property - TVA in-lieu-of-tax payments, direction to economic development activities Counties - TVA in-lieu-of-tax payments, direction to economic development activities Economic Development - TVA in-lieu-of-tax payments, direction to economic development activities |
| 02/29/12 |
|
|---|---|
| 03/01/12 |
|
Last updated: 8/27/2019 8:05 PM (EDT)