House Bill 745

Actions | Amendments
Last Action 04/08/22: signed by Governor (Acts Ch. 176)
Title AN ACT relating to economic development.
Bill Documents Current/Final
Introduced
Bill Request Number 2027
Sponsors A. Bowling, J. Petrie, B. Reed, B. Rowland
Summary of Original Version Create Subchapter 21 of KRS Chapter 154 to require the Cabinet for Economic Development to partner with the Kentucky Association for Economic Development to implement the Kentucky Product Development Initiative; define terms; require the cabinet to administer the program; authorize the cabinet to promulgate administrative regulations; create fund; establish requirements for grant applications; establish the duties of the Kentucky Association for Economic Development in the implementation of the program; establish project evaluation and scoring requirements; cite as the Kentucky Product Development Initiative Act; APPROPRIATION; EMERGENCY.
Index Headings of Original Version Economic Development - Kentucky Product Development Initiative Act
Effective Dates, Emergency - Kentucky Product Development Initiative
Labor and Industry - Cabinet for Economic Development, local government, grant program
Local Government - Grant program, Cabinet for Economic development
Administrative Regulations and Proceedings - Kentucky Product Development Initiative, Cabinet for Economic Development
Appropriations - Kentucky Product Development Initiative, fund, economic development
Short Titles and Popular Names - Kentucky Product Development Initiative Act
Jump to Proposed Amendments House Committee Substitute 1
House Committee Amendment 1
House Floor Amendment 1
Senate Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
03/01/22
  • introduced in House
  • to Committee on Committees (H)
03/08/22
  • to Economic Development & Workforce Investment (H)
03/10/22
  • reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title)
  • floor amendment (1) filed to Committee Substitute
03/11/22
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Monday, March 14, 2022
03/14/22
  • 3rd reading, passed 91-0 with Committee Substitute (1), Floor Amendment (1), and Committee Amendment (1-title)
03/15/22
  • received in Senate
  • to Committee on Committees (S)
03/16/22
  • to Economic Development, Tourism, & Labor (S)
03/21/22
  • taken from Economic Development, Tourism, & Labor (S)
  • 1st reading
  • returned to Economic Development, Tourism, & Labor (S)
03/22/22
  • taken from Economic Development, Tourism, & Labor (S)
  • 2nd reading
  • returned to Economic Development, Tourism, & Labor (S)
03/23/22
  • reassigned to Appropriations & Revenue (S)
03/29/22
  • reported favorably, to Rules with Committee Substitute (1) as a consent bill
03/30/22
  • posted for passage in the Consent Orders of the Day for Wednesday, March 30, 2022
  • 3rd reading, passed 36-0 with Committee Substitute (1)
  • received in House
  • to Rules (H)
  • taken from Rules
  • placed in the Orders of the Day
  • House concurred in Senate Committee Substitute (1)
  • passed 94-0
  • enrolled, signed by Speaker of the House
  • enrolled, signed by President of the Senate
  • delivered to Governor
04/08/22
  • signed by Governor (Acts Ch. 176)

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Summary Retain original provisions, except clarify that cabinet shall make the standardized grant applications available on an annual basis and provide feedback to all grant applicants; clarify that property is deemed available if under option for sale or lease to a public entity; remove the ninety (90) day property impediment mitigation requirement; make a technical correction; remove the appropriation clause and emergency clause.
Index Headings Economic Development - Kentucky Product Development Initiative Act
Labor and Industry - Cabinet for Economic Development, local government, grant program
Local Government - Grant program, Cabinet for Economic Development
Administrative Regulations and Proceedings - Kentucky Product Development Initiative, Cabinet for Economic Development
Short Titles and Popular Names - Kentucky Product Development Initiative Act
Technical Corrections - HB 745

Amendment House Committee Amendment 1
Sponsor R. Webber
Summary Make title amendment.
Index Headings Title Amendments - HB 745, AN ACT relating to economic development

Amendment House Floor Amendment 1
Sponsor A. Bowling
Summary Clarify that a property must be served by a road or roads to be eligible and that additional requirements apply if a property is marketed as rail-served.
Index Headings Labor and Industry - Cabinet for Economic Development, local government, grant program
Local Government - Grant program, Cabinet for Economic Development
Administrative Regulations and Proceedings - Kentucky Product Development Initiative, Cabinet for Economic Development
Short Titles and Popular Names - Kentucky Product Development Initiative Act
Economic Development - Kentucky Product Development Initiative Act

Amendment Senate Committee Substitute 1
Summary Retain original provisions, except remove the Kentucky Product Development Initiative fund and direct appropriated funds to the Economic Development fund program in KRS 154.12-100 instead; require the cabinet to award grants in two rounds with respective conditions; update the conditions for grant applicant disqualification from the program; permit the cabinet to pool grant awards under certain conditions; clarify the definition of "eligible project" to limit it to publicly owned property or property that includes a letter of intent or sale agreement to the eligible grant recipient with available matching funds for the project; clarify the administrative duties of the cabinet and the Kentucky Association for Economic Development; obligate Kentucky Association for Economic Development to partner with a third-party independent site selection consultant; change "ranking" to "prioritization"; obligate the Kentucky Association for Economic Development to create a scoring system instead of the Cabinet for Economic Development; and make technical changes for consistency.
Index Headings Economic Development - Kentucky Product Development Initiative Act
Labor and Industry - Cabinet for Economic Development, local government, grant program
Local Government - Grant program, Cabinet for Economic Development
Administrative Regulations and Proceedings - Kentucky Product Development Initiative, Cabinet for Economic Development
Short Titles and Popular Names - Kentucky Product Development Initiative Act

Last updated: 4/29/2022 2:39 PM (EDT)
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