Last Action | 03/28/25: delivered to Secretary of State (Acts Ch. 118) |
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Title | AN ACT relating to agricultural economic development and declaring an emergency. |
Bill Documents |
Acts Chapter 118
Current/Final Introduced |
Fiscal Impact Statements |
Fiscal Note
Additional Fiscal Impact Statements Exist |
Bill Request Number | 483 |
Sponsors | J. Howell, C. Richardson, R. Webb |
Summary of Enacted Version | Creates a new section of KRS Chapter 246 to define terms; establishes a six-member agricultural economic development board selected by the Commissioner of Agriculture from lists provided by the Kentucky Association for Economic Development, the Kentucky Agricultural Finance Corporation, and the Agricultural Development Board; creates the agricultural economic development fund; establishes a new agricultural economic development program within the Department of Agriculture; allows direct grants of moneys, forgivable loans, certain low-interest revolving loans, or any combination as incentives; amends KRS 154.12-213 to require the Cabinet for Economic Development to coordinate with and seek guidance from the Commissioner of Agriculture; amends KRS 248.709 to authorize the Agricultural Development Board to make, purchase, or participate in the making or purchasing of insured mortgage or other types of loans to qualified applicants related to the incentive awards; amends KRS 246.030 to abolish the Department of Agriculture's Shows and Fairs Division; establishes the Farm Safety and Rural Health Division and the Division of Agricultural Economic Development; and amends KRS 247.220 to conform; EMERGENCY. |
Summary of Original Version | Create a new section of KRS Chapter 246 to create a new agricultural economic development program within the Department of Agriculture; establish the agricultural economic development board; create the agricultural economic development fund; EMERGENCY. |
Index Headings of Original Version |
Economic Development - Agricultural economic development, program establishment Effective Dates, Emergency - Agricultural economic development, program establishment Land Use - Agricultural economic development, program establishment Agriculture - Agricultural economic development, program establishment Reports Mandated - Agricultural economic development board, annual report Fiscal Note - Agricultural economic development, program establishment |
Jump to Proposed Amendments |
Senate Committee Substitute 1 House Committee Substitute 1 with Fiscal Impact Statements House Floor Amendment 1 House Floor Amendment 2 |
Votes | Vote History |
Governor's Veto Message | Veto |
01/07/25 |
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01/09/25 |
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02/18/25 |
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02/19/25 |
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02/20/25 |
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02/21/25 |
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02/25/25 |
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03/04/25 |
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03/05/25 |
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03/11/25 |
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03/12/25 |
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03/13/25 |
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03/25/25 |
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03/27/25 |
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03/28/25 |
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Amendment | Senate Committee Substitute 1 |
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Summary | Retain original provisions except allow a low-interest loan as an incentive; require additional information in the annual report prepared by the board; require the memorandum of agreement to establish the type of incentive awarded; prohibit disclosure of records relating to applications for incentives that are denied; amend KRS 154.12-213 to require the Cabinet for Economic Development to coordinate with and seek guidance from the Commissioner of Agriculture; amend KRS 248.709 to authorize the Agricultural Development Board to participate in making or purchasing insured mortgage or other types of loans to qualified applicants related to the incentive awards. |
Index Headings |
Economic Development - Agricultural economic development, program establishment Land Use - Agricultural economic development, program establishment Agriculture - Agricultural economic development, program establishment Reports Mandated - Agricultural economic development board, annual report |
Amendment | House Committee Substitute 1 |
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Fiscal Impact Statement | Fiscal Note to House Committee Substitute 1 |
Summary | Retain original provisions, except increase the number of members on the board from five to six members; require the Commissioner of Agriculture to select members from lists provided by the Kentucky Association for Economic Development, the Kentucky Agricultural Finance Corporation, and the Agricultural Development Board; decrease the term from four to two years; attach the board to the Kentucky Office of Agricultural Policy for administrative purposes; amend KRS 246.030 to abolish the Department of Agriculture's Shows and Fairs Division, and establish the Farm Safety and Rural Health Division and the Division of Agricultural Economic Development; amend KRS 247.220 to conform; make technical changes. |
Index Headings |
Fiscal Note - Agricultural economic development, program establishment Economic Development - Agricultural economic development, program establishment Economic Development - Division of Agricultural Economic Development in Department of Agriculture, creation Fairs - Shows and Fairs Division in Department of Agriculture, abolition Reorganization - Department of Agriculture, reorganization Reorganization - Office of Agricultural Economic Development, Farm Safety and Rural Health Division, creation Reorganization - Shows and Fairs Division in Department of Agriculture, abolition Agriculture - Agricultural economic development, program establishment Agriculture - Department of Agriculture, reorganization Reports Mandated - Agricultural economic development board, annual report |
Amendment | House Floor Amendment 1 |
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Sponsor | D. Osborne |
Summary | Amend KRS 12.020 to move the Kentucky Communications Network from the Office of the Governor to the Deparment of Agriculture; amend KRS 12.023, 154.15-020, and 154.15-030 to conform. |
Index Headings |
State Agencies - Office of the Governor, Department of Agriculture, Kentucky Communications Network, transfer Agriculture - Kentucky Communications Network, transfer to Governor - Kentucky Communications Network, transfer from Communications - Kentucky Communications Network, administrative transfer |
Amendment | House Floor Amendment 2 |
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Sponsor | D. Osborne |
Summary | Make title amendment. |
Index Headings | Title Amendments - SB 28/GA |
Last updated: 7/24/2025 3:26 PM (EDT)