HB 438/FN/LM (BR 1457) - J. Jenkins, T. Feeley, J. Adams, R. Adkins, P. Bather, K. Bratcher, S. Brinkman, T. Burch, De. Butler, J. Callahan, L. Clark, P. Clark, R. Crimm, B. DeWeese, J. Draud, D. Horlander, T. Kerr, R. Meeks, C. Miller, S. Riggs, T. Riner, A. Simpson, J. Stacy, K. Stein, J. Vincent, R. Webb, S. Westrom
AN ACT relating to the Enterprise Zone Program.
Amend various sections of KRS 154.45 to declare the intent of the General Assembly; remove retail businesses from the definitions of existing and new business; add to the criteria the option of annual skill upgrade training for full-time employees to the requirements for qualified businesses; allow Kentucky residents who reside in a county adjacent to an enterprise zone to be considered a targeted workforce; allow local governments to apply to amend zone boundaries for competitive reasons to accommodate a qualified business; include census tract data from 1990 to 2000; extend existing zone designations to thirty years; specify that tax credits for building materials are allowed only to qualified businesses; delete the motor vehicle usage tax credit for non-commercial vehicles; repeal KRS 154.45-100.
Feb 11-introduced in House
Feb 12-to Economic Development (H)