HB 462/FN (BR 1725) - A. Simpson, T. Kerr, R. Adams, A. Koenig, R. Palumbo, J. Richards, J. Vincent, A. Wuchner
AN ACT relating to economic development.
Amend "economic development project" definition in KRS 154.22-010 and 154.28-010 to allow ownership of improvements or facilities on land possessed by a company pursuant to a ground lease having a term equivalent to the length of the financing agreement; allow credits against equipment and costs related to installation of equipment of $20,000 per job created by and maintained at the economic development project.
Feb 13-introduced in House
Feb 14-to Appropriations & Revenue (H)
Feb 21-posting waived
Feb 23-reported favorably, 1st reading, to Calendar
Feb 26-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Tuesday, February 27, 2007
Mar 1-3rd reading, passed 88-1
Mar 2-received in Senate
Mar 5-to Appropriations & Revenue (S)
Mar 7-reported favorably, 1st reading, to Consent Calendar
Mar 8-2nd reading, to Rules
Mar 9-posted for passage in the Consent Orders of the Day for Friday, March 9, 2007; 3rd reading, passed 38-0; received in House
Mar 12-enrolled, signed by each presiding officer; delivered to Governor
Mar 23-signed by Governor (Acts Ch. 75)