Last Action | 02/23/21: to Committee on Committees (H) |
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Title | AN ACT relating to production and manufacturing. |
Bill Documents | Introduced |
Bill Request Number | 1325 |
Sponsor | P. Flannery |
Summary of Original Version | Amend KRS 154.32-010 to further define manufacturer as a producer of ammunition, firearms, personal protective equipment, and over-the-counter drugs; define "ammunition," "firearms," "over-the-counter drugs," and "personal protective equipment"; amend KRS 154.32-020 to declare a purpose of the subchapter is to provide an economic stimulus to bolster in-state production of ammunition, firearms, over-the-counter drugs, personal protective equipment and allow facilities that produce ammunition, firearms, personal protective equipment, and over-the-counter drugs to qualify for tax incentives under the subchapter; amend KRS 154.32-060 to allow for facilities that are rehabilitated or replaced in order to produce these items to be eligible for tax benefits under the subchapter; amend KRS 154.34-010 to include a facility that reinvests in the production of ammunition, firearms, personal protective equipment, and over-the-counter drugs. |
Index Headings of Original Version |
Drugs and Medicines - Over-the-counter drugs, production Economic Development - Ammunition, firearms, personal protective equipment, production Safety - Personal protective equipment, production Taxation - Incentives, manufacturing of personal protective equipment Public Protection - Personal protective equipment, production |
02/23/21 |
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Last updated: 11/9/2023 2:52 PM (EST)