| Last Action | 03/26/19: signed by Governor (KY Acts ch. 172) |
|---|---|
| Title | AN ACT relating to economic development and declaring an emergency. |
| Bill Documents |
Acts Chapter 172
Current/Final Introduced |
| Bill Request Number | 1319 |
| Sponsor | D. Carroll |
| Summary of Original Version | Amend KRS 154.12-100 to change the bond program to the economic development fund, replace the Capital Bonds and Oversight committee with the Kentucky Economic Development Finance Authority; amend KRS 154.25-010 to update definitions of agribusiness, eligible company, headquarters, manufacturing, and non-retail service or technology; amend KRS 154.32-020 to set the amount of economic development projects to $200,000,000 investment for inducements; and repeal KRS 154.32-080; amend KRS 154.32-030 and 154.32-090 to conform. |
| Index Headings of Original Version |
Economic Development - Fund for promoting economic development within the state State Agencies - Kentucky Economic Development Finance Authority, economic development fund Capital Construction - Kentucky Economic Development Finance Authority, economic development fund |
| Jump to Proposed Amendments |
House Committee Substitute 1 House Floor Amendment 1 House Floor Amendment 2 House Floor Amendment 3 House Floor Amendment 4 House Floor Amendment 5 |
| Votes | Vote History |
| 02/15/19 |
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|---|---|
| 02/19/19 |
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| 02/20/19 |
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| 02/21/19 |
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| 02/26/19 |
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| 02/27/19 |
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| 02/28/19 |
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| 03/01/19 |
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| 03/04/19 |
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| 03/07/19 |
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| 03/12/19 |
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| 03/13/19 |
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| 03/14/19 |
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| 03/26/19 |
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| Amendment | House Committee Substitute 1 |
|---|---|
| Summary | Retain original provisions except to clarify that mega-projects are eligible for incentives even outside an enhanced county; amend KRS 154.60-020 to add the Farmer Small Business tax credit to be shared with the Small Business tax credit program; and create a new section of KRS chapter 154 subchapter 60 to set out the requirements for the Farmer Small Business tax credit. |
| Index Headings |
Agriculture - Farmer Small Business Tax Credit Economic Development - Farmer Small Business Tax Credit State Agencies - Farmer Small Business Tax Credit |
| Amendment | House Floor Amendment 1 |
|---|---|
| Sponsor | B. Rowland |
| Summary | EMERGENCY. |
| Index Headings | Effective Dates, Emergency - Economic development projects |
| Amendment | House Floor Amendment 2 |
|---|---|
| Sponsor | B. Rowland |
| Summary | Make title amendment. |
| Index Headings | Title Amendments - SB 246/GA |
| Amendment | House Floor Amendment 3 |
|---|---|
| Sponsor | B. Rowland |
| Summary | EMERGENCY. |
| Index Headings | Effective Dates, Emergency - Economic development projects |
| Amendment | House Floor Amendment 4 |
|---|---|
| Sponsor | B. Rowland |
| Summary | Remove "guidelines"; restore the original requirement for administrative regulations; EMERGENCY. |
| Index Headings |
Administrative Regulations and Proceedings - Reinsert original language requiring administrative regulation Economic Development - Administrative regulations Effective Dates, Emergency - Economic development projects State Agencies - Administrative regulation |
| Amendment | House Floor Amendment 5 |
|---|---|
| Sponsor | B. Rowland |
| Summary | Remove "guidelines"; and restore the original requirement for administrative regulations; EMERGENCY. |
| Index Headings |
Economic Development - Administrative regulations Effective Dates, Emergency - Economic development projects State Agencies - Administrative regulation Administrative Regulations and Proceedings - Original language requiring administrative regulation, reinsertion |
Last updated: 11/9/2023 3:07 PM (EST)