HB 267/FN (BR 303) - T. Thompson, J. Glenn
AN ACT relating to economic development and declaring an emergency.
Amend KRS 138.4602 to clarify the trade-in allowance for the purchase of new vehicles and the $25 million cap on tax receipts related to the trade-in allowance; amend KRS 141.415 to clarify the computation of the tax credit; amend KRS 154.30-052 to clarify which economic development projects qualify for the loan support program; create a new section of Subchapter 31 of KRS Chapter 154 to name the subchapter the Kentucky Enterprise Initiative Act; amend KRS 154.32-010 to clarify the term of the projects; amend KRS 154.60-010 to clarify definitions; amend KRS 154.60-020 to clarify the time frame for using the first applicable tax credit; apply sections retroactively; EMERGENCY.
Jan 15-introduced in House
Jan 19-to Appropriations & Revenue (H)
Feb 19-posted in committee
Feb 23-reported favorably, 1st reading, to Consent Calendar
Feb 24-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Wednesday, March 3, 2010
Mar 3-3rd reading, passed 99-0
Mar 4-received in Senate
Mar 8-to Appropriations & Revenue (S)
Mar 24-taken from committee; 1st reading; returned to Appropriations & Revenue (S)
Mar 25-taken from committee; 2nd reading; returned to Appropriations & Revenue (S)