| Last Action | 02/21/24: to Appropriations & Revenue (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 |
| Fiscal Impact Statement | Fiscal Note |
| Bill Request Number | 1581 |
| Sponsors | J. Blanton, T. Smith |
| Summary of Original Version | Create new sections of Subchapter 20 of KRS Chapter 154 to establish the Kentucky Rural Jobs Act of 2024; 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 2024-2025 to the Rural Jobs Development Fund; provide that the Act may be cited as the Kentucky Rural Jobs Act of 2024; APPROPRIATION; EMERGENCY. |
| Index Headings of Original Version |
Economic Development - Rural jobs development fund Effective Dates, Emergency - Rural jobs development fund State Agencies - Cabinet for Economic Development, rural jobs development fund Appropriations - Rural jobs development fund Budget and Financial Administration - Appropriation, rural jobs development fund Short Titles and Popular Names - Kentucky Rural Jobs Act of 2024 Workforce - Economic development, rural jobs development fund Fiscal Note - Rural jobs development fund |
| 02/13/24 |
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| 02/21/24 |
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Last updated: 4/22/2024 3:57 PM (EDT)