HB 397 (BR 1679) - R. Adkins, Ro. Adams, L. Brandstetter, J. Callahan, T. McKee, R. Murgatroyd
AN ACT relating to tourism development and declaring an emergency.
Amend KRS 154.29 to include definitions of "crafts and products center" and "entertainment destination center"; amend definition of "eligible company" to allow the direct or indirect operation through lessees; amend definition of "inducements" to change sales tax credit to sales tax refund; amend definition of "tourism attraction" to allow lodging facilities on property owned or leased by the Commonwealth or the federal government; amend KRS 154.29-030 to require an entertainment destination center to dedicate its sales tax refund to a public infrastructure project approved by the secretary of the Tourism Cabinet; amend KRS 154.29-040 to require at least one public hearing concerning the designation of an eligible company as a preliminarily approved company; amend KRS 154.29-050 to require semiannual reports from an approved company concerning compliance with the provisions of this section; amend KRS 131.183 to specify that interest on any sales tax refund shall not be paid to an approved company; amend various sections to change "sales tax credit" to "sales tax refund"; EMERGENCY.
HB 397 - AMENDMENTS
HCS - Amend the definition of crafts and products center to specify that a facility is primarily devoted to the promotion and sale of Kentucky arts, crafts, or agricultural products; technical correction.
Jan 22-introduced in House
Jan 23-to Tourism Development and Energy (H)
Jan 26-posted in committee
Feb 4-reported favorably, 1st reading, to Calendar with Committee Substitute
Feb 5-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for February 6, 1998
Feb 19-3rd reading, passed 92-0 with Committee Substitute
Feb 20-received in Senate
Feb 23-to Economic Development and Labor (S)
Mar 17-reported favorably, 1st reading, to Consent Calendar
Mar 18-2nd reading, to Rules
Mar 19-posted for passage in the Consent Orders of the Day for March 23, 1998
Mar 23-3rd reading, passed 38-0
Mar 24-received in House; enrolled, signed by each presiding officer, delivered to Governor
Apr 1-signed by Governor