House Bill 450

Last Action 02/21/23: to Committee on Committees (H)
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 Introduced
Bill Request Number 1518
Sponsor J. Blanton
Summary of Original Version Create new sections of Subchapter 20 of KRS Chapter 154 to establish the Kentucky Rural Jobs Act of 2023; 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 $50 million in fiscal year 2023-2024 to the Rural Jobs Development Fund; provide that the Act may be cited as the Kentucky Rural Jobs Act of 2023; APPROPRIATION; EMERGENCY.
Index Headings of Original Version Economic Development - Rural jobs development fund
Effective Dates, Emergency - Rural jobs development fund
State Agencies - Economic Development, rural jobs development fund
Short Titles and Popular Names - Kentucky Rural Jobs Act of 2023
Workforce - Economic Development, rural jobs development fund
Appropriations - Rural jobs development fund
Budget and Financial Administration - Appropriation, rural jobs development fund


  • introduced in House
  • to Committee on Committees (H)

Last updated: 11/9/2023 3:03 PM (EST)