RELATES TO: KRS 154.20-033, 154.34-070
STATUTORY AUTHORITY: KRS 154.20-033, 154.34-070
NECESSITY, FUNCTION AND CONFORMITY: KRS 154.34-070 authorizes the Kentucky Economic Development Finance Authority to establish additional procedures and standards for the application process for KRS Chapter 154.34 economic development incentives. KRS 154.20-033(1)(b) and 154.34-070 authorize the Kentucky Economic Development Finance Authority to impose fees in conjunction with the application process. This administrative regulation establishes the application for the KRS Chapter 154.34 incentives and sets the fee structure.
Section 1. Application Process. In addition to the information required by KRS 154.34-070, the applicant shall provide:
(1) All information required by the Application for Kentucky Reinvestment Act (KRA); and
(2) An application fee in the amount of $1,000.
Section 2. Incorporation by Reference. (1) "Application for Kentucky Reinvestment Act (KRA)", Rev 4/2012, is incorporated by reference.
(2) This material may be inspected, copied, or obtained, subject to applicable copyright law, at the Cabinet for Economic Development, Department of Financial Incentives, Old Capitol Annex, 300 West Broadway, Frankfort, Kentucky, Monday through Friday, 8:00 a.m. to 4:30 p.m. (36 Ky.R. 954; Am. 1201; eff. 1-4-2010; 39 Ky.R. 264; eff. 11-2-12.)