SB 371 (BR 239) - G. Freeman
AN ACT relating to economic development.
Amend KRS 154.22-040 to require a rural economic development project to involve a minimum investment of $100,000, rather than $500,000; amend KRS 154.22-070 to raise the job development assessment fee to six percent of the gross wages of each employee rather than four percent; amend KRS 141.310 to delete a provision allowing employers to offset, against Kentucky income tax, job development assessment fees withheld from employees; amend KRS 154.22-100 to conform.
Feb 27-introduced in Senate
Mar 2-to Economic Development and Labor (S)