Kentucky House of Representatives bill in Session 26RS.
Status: in_committee. Latest action: March 3, 2026.
AN ACT relating to economic development.
Create a new section of Subchapter 32 of KRS Chapter 154 to establish a tiered county system for eligible companies to receive incentives under the Kentucky Business Investment Program; amends KRS 154.32-010 to define "tier""; amends KRS 154.32-020 and 154.32-040 to conform; amend KRS 154.32-050 to specify tiering procedures; amend KRS 154.32-060 to require the Kentucky Economic Development Finance Authority to identify and certify or decertify the tiers for all counties on an annual basis into 4 tax credit tiers; provide that the incentives available under this subchapter be determined based on the county where the economic development project is located by an approved company; provide a county's tier will be based on a 5 year average of its unemployment rate and population ranking; amend KRS 154.32-090, 154.61-010, 154.61-020, and 141.383 to conform."
| Date | Event | Detail |
|---|---|---|
| 2026-02-24 | Introduced | Bill introduced |
| 2026-03-03 | Status | in_committee |
| 2026-03-03 | Latest Action | 03/03/26: to Economic Development & Workforce Investment (H) |