Senate Bill 246

Actions | Amendments
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 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

Actions

Top | Amendments
02/15/19
  • introduced in Senate
02/19/19
  • to Economic Development, Tourism, and Labor (S)
02/20/19
  • taken from Economic Development, Tourism, and Labor (S)
  • 1st reading
  • returned to Economic Development, Tourism, and Labor (S)
02/21/19
  • taken from Economic Development, Tourism, and Labor (S)
  • 2nd reading
  • returned to Economic Development, Tourism, and Labor (S)
02/26/19
  • reported favorably, to Rules
  • posted for passage in the Regular Orders of the Day for Tuesday, February 26, 2019
  • passed over and retained in the Orders of the Day
02/27/19
  • 3rd reading, passed 37-0
  • received in House
02/28/19
  • to Economic Development & Workforce Investment (H)
03/01/19
  • posted in committee
03/04/19
  • taken from Economic Development & Workforce Investment (H)
  • 1st reading
  • returned to Economic Development & Workforce Investment (H)
03/07/19
  • reported favorably, 2nd reading, to Rules with Committee Substitute (1)
  • posted for passage in the Regular Orders of the Day for Tuesday, March 12, 2019
03/12/19
  • floor amendment (1) and (2-title) filed, floor amendment (3) filed to Committee Substitute, floor amendment (4) filed, floor amendment (5) filed to Committee Substitute
03/13/19
  • 3rd reading, passed 90-8 with Committee Substitute (1), floor amendments (2-title) and (5)
  • received in Senate
03/14/19
  • posted for passage for concurrence in House Committee Substitute (1) and floor amendments (5) and (2-title) on Thursday, March 14
  • Senate concurred in House Committee Substitute (1) and floor amendments (5) and (2-title)
  • Bill passed 35-0
  • enrolled, signed by President of the Senate
  • enrolled, signed by Speaker of the House
  • delivered to Governor
03/26/19
  • signed by Governor (KY Acts ch. 172)

Proposed Amendments

Top | Actions
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: 5/10/2019 10:34 AM (EDT)
To receive notice when the record is updated follow @LRCTweetBot.