Last Action | 04/02/20: signed by Governor (Acts ch. 76) |
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Title | AN ACT relating to economic development incentives. |
Bill Documents |
Current/Final
Introduced |
Bill Request Number | 1955 |
Sponsor | B. Rowland |
Summary of Original Version | Amend KRS 154.20-234 to change the definition of "closely related"; amend KRS 154.20-236 to change tax credit amounts; amend KRS 154.20-240 to add expiration for unclaimed credits; amend KRS 154.60-010 to change the definitions for "base employment" and "small business"; amend KRS 154.60-040 to replace "individual" with "selling farmer". |
Index Headings of Original Version |
Economic Development - Tax credits, changes to Labor and Industry - Economic development, changes to tax credits Small Business - Credit expiration, changes to Wages and Hours - Economic development, changes to tax credits Workforce - Economic development, changes to tax credits |
Jump to Proposed Amendments | House Committee Substitute 1 |
Votes | Vote History |
02/25/20 |
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02/27/20 |
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03/02/20 |
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03/10/20 |
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03/11/20 |
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03/12/20 |
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03/17/20 |
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03/18/20 |
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03/26/20 |
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04/02/20 |
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Amendment | House Committee Substitute 1 |
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Summary | Amend KRS 154.20-234 to change the definition of "closely related"; amend KRS 154.20-236 to change the percentage of qualified investment allowable as a tax credit; amend KRS 154.20-240 to clarify when unclaimed credits expire for a small business that becomes insolvent; amend KRS 154.60-010 to change the definitions for "base employment" and "small business"; amend KRS 103.220 and 103.246 to make a technical correction. |
Index Headings |
Technical Corrections - HB 491/HCS Fiscal Note - Economic development, changes to tax credits Economic Development - Tax credits, changes to Labor and Industry - Economic development, changes to tax credits Small Business - Credit expiration, changes to Wages and Hours - Economic development, changes to tax credits Workforce - Economic development, changes to tax credits |
Last updated: 10/27/2020 12:10 PM (EDT)
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