HB 393 (BR 1334) - J. Jenkins, S. Brinkman, K. Bratcher, T. Burch, L. Clark, R. Crimm, B. DeWeese, T. Firkins, D. Horlander, M. Marzian, R. Meeks, C. Miller, D. Osborne, D. Owens, S. Riggs, T. Riner, R. Weston
AN ACT relating to economic development projects located in consolidated local governments.
Create a new section of KRS 65.490 to 65.499 to establish requirements for a qualifying project, to extend the period for a qualifying project from 20 years 30 years, and to permit the pledge of transient room taxes for qualifying projects; amend KRS 91A.390 to conform; create a new section of KRS Chapter 139 to permit a refund of sales taxes paid for construction materials and fixtures, temporary infrastructure support and specialized forms for qualifying projects.
Feb 9-introduced in House
Feb 12-to Appropriations & Revenue (H)
Feb 16-posted in committee