House Bill 301

Actions | Amendments
Last Action delivered to Secretary of State (Acts ch. 128)
Title AN ACT relating to the Small Business Tax Credit Program.
Bill Documents Bill
Bill Request Number 1153
Sponsors R. Palumbo, T. Pullin, B. Yonts
Summary of Original Version Amend KRS 154.60-010 and 154.60-020 to simplify and streamline the provisions of the Small Business Tax Credit Program administered by the Kentucky Economic Development Finance Authority; create a new section of KRS Chapter 154 to declare the name of the program; amend KRS 141.384 to conform.
Index Headings of Original Version Economic Development - Small Business Tax Credit Program, simplify and streamline provisions
Popular Names and Short Titles - Small Business Tax Credit Program
Small Business - Tax credit program for investments and jobs created by small businesses, simplify provisions
Taxation - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Corporate - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Individual - Small Business Tax Credit Program, simplify and streamline provisions
Proposed Amendments Senate Committee Amendment 1
Senate Committee Amendment 2
Senate Committee Amendment 3
Senate Committee Amendment 4
Senate Floor Amendment 1
Senate Floor Amendment 2
Votes Vote History
Governor's Veto Message Veto

Actions

Top | Amendments
01/30/14
  • introduced in House
02/03/14
  • to Economic Development (H)
02/10/14
  • posted in committee
02/13/14
  • reported favorably, 1st reading, to Consent Calendar
02/14/14
  • 2nd reading, to Rules
  • posted for passage in the Consent Orders of the Day for Friday, February 21, 2014
02/21/14
  • 3rd reading, passed 97-0
02/24/14
  • received in Senate
02/26/14
  • to Economic Development, Tourism & Labor (S)
03/21/14
  • taken from Economic Development, Tourism & Labor (S)
  • 1st reading
  • returned to Economic Development, Tourism & Labor (S)
03/24/14
  • taken from Economic Development, Tourism & Labor (S)
  • 2nd reading
  • returned to Economic Development, Tourism & Labor (S)
03/27/14
  • reported favorably, to Rules as a Consent Bill
03/31/14
  • floor amendments (1-title) and (2) filed
04/14/14
  • posted for passage in the Regular Orders of the Day for Monday, April 14, 2014
  • passed over and retained in the Orders of the Day
04/15/14
  • taken from the Regular Orders of the Day
  • recommitted to Transportation (S)
  • reported favorably, to Rules with committee amendments (1) (2) (3) and (4-title) as a Consent Bill
  • posted for passage in the Regular Orders of the Day for Tuesday, April 15, 2014
  • 3rd reading
  • floor amendments (1-title) and (2) withdrawn
  • passed 37-1 with committee amendments (1) (2) (3) and (4-title)
  • received in House
  • to Rules (H)
  • posted for passage for concurrence in Senate committee amendments (1) (2) (3) and (4-title)
  • House concurred in Senate committee amendments (1) (2) (3) and (4-title)
  • passed 85-11
  • enrolled, signed by each presiding officer
  • delivered to Governor
04/25/14
  • line items vetoed
  • veto(es) not acted upon
  • delivered to Secretary of State (Acts ch. 128)

Proposed Amendments

Top | Actions
Amendment Senate Committee Amendment 1
Sponsor E. Harris
Summary Insert various single-county coal projects.
Index Headings Economic Development - Small Business Tax Credit Program, simplify and streamline provisions
Popular Names and Short Titles - Small Business Tax Credit Program
Small Business - Tax credit program for investments and jobs created by small businesses, simplify provisions
Taxation - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Corporate - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Individual - Small Business Tax Credit Program, simplify and streamline provisions

Amendment Senate Committee Amendment 2
Sponsor E. Harris
Summary Retain original provisions; amend KRS 132.200 to exempt recreational vehicles held for sale in a retailer's inventory from local ad valorem taxation; Make EFFECTIVE January 1, 2015.
Index Headings Economic Development - Small Business Tax Credit Program, simplify and streamline provisions
Popular Names and Short Titles - Small Business Tax Credit Program
Small Business - Tax credit program for investments and jobs created by small businesses, simplify provisions
Taxation - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Corporate - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Individual - Small Business Tax Credit Program, simplify and streamline provisions

Amendment Senate Committee Amendment 3
Sponsor E. Harris
Summary Require the Lexington-Fayette Urban County Government to remit a payment of $2,500,00 to the Commonwealth to reimburse the Local Government Economic Development Fund for funds that were transferred to the Lexington-Fayette Urban County Government and used for the planning and design of Rupp Arena.
Index Headings Economic Development - Small Business Tax Credit Program, simplify and streamline provisions
Popular Names and Short Titles - Small Business Tax Credit Program
Small Business - Tax credit program for investments and jobs created by small businesses, simplify provisions
Taxation - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Corporate - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Individual - Small Business Tax Credit Program, simplify and streamline provisions

Amendment Senate Committee Amendment 4
Sponsor E. Harris
Summary Make Title Amendment
Index Headings Economic Development - Small Business Tax Credit Program, simplify and streamline provisions
Popular Names and Short Titles - Small Business Tax Credit Program
Small Business - Tax credit program for investments and jobs created by small businesses, simplify provisions
Taxation - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Corporate - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Individual - Small Business Tax Credit Program, simplify and streamline provisions

Amendment Senate Floor Amendment 1
Sponsor R. Stivers II
Summary Make title amendment.
Index Headings Economic Development - Small Business Tax Credit Program, simplify and streamline provisions
Popular Names and Short Titles - Small Business Tax Credit Program
Small Business - Tax credit program for investments and jobs created by small businesses, simplify provisions
Taxation - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Corporate - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Individual - Small Business Tax Credit Program, simplify and streamline provisions

Amendment Senate Floor Amendment 2
Sponsor R. Stivers II
Summary Retain original provisions; amend KRS 68.197 to extend the freeze on the credit of city taxes against county taxes to July 15, 2016, to clarify the situations in which the credit freeze applies, and to establish a reduced credit in certain circumstances.
Index Headings Economic Development - Small Business Tax Credit Program, simplify and streamline provisions
Popular Names and Short Titles - Small Business Tax Credit Program
Small Business - Tax credit program for investments and jobs created by small businesses, simplify provisions
Taxation - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Corporate - Small Business Tax Credit Program, simplify and streamline provisions
Taxation, Income--Individual - Small Business Tax Credit Program, simplify and streamline provisions

Last updated: 8/27/2019 6:52 PM (EDT)