House Bill 308

Actions | Amendments
Last Action 04/13/22: floor amendment (1) filed
Title AN ACT relating to the establishment of a grant program to promote investments in Kentucky businesses, making an appropriation therefor, and declaring an emergency.
Bill Documents Current/Final
Introduced
Fiscal Impact Statement Fiscal Note
Bill Request Number 1350
Sponsors R. Heath, J. Blanton, A. Bowling, J. Calloway, J. Dixon, D. Elliott, D. Fister, K. Fleming, C. Freeland, D. Hale, S. Heavrin, K. King, N. Kirk-McCormick, M. Koch, W. Lawrence, D. Lewis, C. Massey, P. Pratt, M. Prunty, B. Reed, T. Smith, N. Tate, W. Thomas, R. Webber
Summary of Original Version Create new sections of KRS Chapter 136 to establish the Kentucky Rural Jobs Act of 2022, allowing the Department of Revenue to begin accepting applications from entities seeking approval as a growth fund and allowing no more than $15 million dollars of insurance premiums tax credit to be awarded; amend KRS 131.190 to allow reporting of the tax credit to the Interim Joint Committee on Appropriations and Revenue; provide that Sections 1 to 10 of this Act may be cited as the Kentucky Rural Jobs Act of 2022.
Index Headings of Original Version Fiscal Note - Insurance premiums tax, growth fund tax credit, establishment
Short Titles and Popular Names - Kentucky Rural Jobs Act of 2022
Taxation - Growth fund tax credit, establishment
Taxation - Insurance premiums tax, growth fund tax credit, establishment
Reports Mandated - Rural growth fund tax credit and program, Department of Revenue to report
Jump to Proposed Amendments House Committee Substitute 1
House Committee Amendment 1
House Floor Amendment 1
Senate Floor Amendment 1
Votes Vote History

Actions

Top | Amendments
01/18/22
  • introduced in House
  • to Committee on Committees (H)
  • to Agriculture (H)
01/19/22
  • reported favorably, 1st reading, to Calendar
01/20/22
  • 2nd reading, to Rules
02/01/22
  • recommitted to Appropriations & Revenue (H)
02/11/22
  • floor amendment (1) filed
03/29/22
  • reported favorably, to Rules with Committee Substitute (1) and Committee Amendment (1-title)
  • taken from Rules
  • placed in the Orders of the Day
  • 3rd reading, passed 88-4 with Committee Substitute (1) and Committee Amendment (1-title)
  • received in Senate
  • to Committee on Committees (S)
03/30/22
  • taken from Committee on Committees (S)
  • 1st reading
  • returned to Committee on Committees (S)
  • to Appropriations & Revenue (S)
04/13/22
  • taken from Appropriations & Revenue (S)
  • 2nd reading
  • returned to Appropriations & Revenue (S)
  • floor amendment (1) filed

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Summary Delete original provisions; create new sections of KRS Chapter 154, Subchapter 20, to establish the Kentucky Rural Jobs Act of 2022; allow the Cabinet for Economic Development to begin accepting applications from entities seeking approval as a growth fund; allow no more than $50 million of grants to be awarded as state matching capital for investments in growth businesses; establish the Rural Jobs Development Fund; appropriate $25 million in fiscal year 2021-2022 and $25 million in fiscal year 2022-2023 to the Rural Jobs Development Fund; APPROPRIATION; EMERGENCY.
Index Headings Economic Development - Rural Jobs Development Fund
Effective Dates, Emergency - Rural Jobs Development Fund
State Agencies - Economic Development, Rural Jobs Development Fund
Appropriations - Rural Jobs Development Fund
Budget and Financial Administration - Appropriation, Rural Jobs Development Fund

Amendment House Committee Amendment 1
Sponsor J. Petrie
Summary Make title amendment.
Index Headings Title Amendments - HB 308

Amendment House Floor Amendment 1
Sponsor A. Hatton
Summary Retain original provisions; update definition of rural county in Section 2 to include Kentucky counties with more than 22% of the population at or below the poverty level.
Index Headings Taxation - Growth fund tax credit, establishment
Taxation - Insurance premiums tax, growth fund tax credit, establishment
Reports Mandated - Rural growth fund tax credit and program, Department of Revenue to report
Short Titles and Popular Names - Kentucky Rural Jobs Act of 2022

Amendment Senate Floor Amendment 1
Sponsor A. Southworth
Summary Amend KRS 344.045 to prohibit an employer from effecting the terms, conditions, or privileges or employment based on any employee's immunization against disease without granting exemptions based on an employee's written statement of objection due to religion and his or her employer's written notice of the availability of such exemption.
Index Headings Diseases - Terms of employment, employee immunization
Workforce - Terms of employment, employee immunization

Last updated: 5/25/2022 2:58 PM (EDT)
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