Last Action | reported favorably, to Rules as a Consent Bill |
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Title | AN ACT relating to economic development. |
Bill Documents |
Bill
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Bill Request Number | 881 |
Sponsors | T. Thompson, R. Palumbo, R. Heath, T. Pullin, T. Riner |
Summary of Original Version | Amend KRS 154.12-2084 to remove certain requirements in the definitions of a "employee," "full-time employee," include employment opportunity in the definition of "occupational upgrade training"; amend KRS 154.12-2088 to require the Bluegrass State Skills Corporation to consider employee retention requirements when establishing guidelines for skills upgrade training; remove certain requirements of preliminarily approved companies regarding the retention of employees receiving training; create a new section of subchapter 31 of KRS Chapter 154.31 to declare that subchapter shall be known as the Kentucky Enterprise Initiative Act; amend KRS 154.32-010 to make technical corrections to the definition of "economic development project," provide a definition for "headquarters," and specify that eligible costs shall include nonrecurring obligations; amend KRS 154.60-010 to define "average hourly wage," specify when the number of full-time employees shall be identified, and define "small business"; amend KRS 154.60-020 to declare when a small business may apply for credits; create a new section of subchapter 60 of KRS Chapter 154 to declare that subchapter shall be known as the Small Business Tax Credit Program; amend KRS Chapter 141.405 and 154.12-2086 to conform. |
Index Headings of Original Version |
Economic Development - Bluegrass State Skills, investment credit Economic Development - Kentucky Business Investment Program, changes to definitions, start-up costs, headquarters Economic Development - Small Business Tax Credit Program, short title for Subchapter 60 of KRS Chapter 154 Small Business - Small Business Tax Credit Program, short title for Subchapter 60 of KRS Chapter 154 Taxation - Small Business Tax Credit Program, short title for Subchapter 60 of KRS Chapter 154 |
Votes | Vote History |
02/05/13 |
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02/06/13 |
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02/07/13 |
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02/08/13 |
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02/11/13 |
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02/12/13 |
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02/13/13 |
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02/19/13 |
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03/05/13 |
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03/06/13 |
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03/07/13 |
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Last updated: 8/27/2019 7:53 PM (EDT)