HB 310/FN (BR 1099) - R. Damron, G. Stumbo, R. Adkins, L. Clark, R. Crimm, M. Dossett, B. Farmer, K. Flood, J. Hoover, R. Palumbo, R. Quarles, R. Rand, S. Riggs, C. Rollins II, S. Santoro, A. Simpson, R. Smart, T. Thompson, J. Tilley, B. Waide, S. Westrom, B. Yonts
AN ACT relating to tax increment financing.
Amend KRS 65.7043, 65.7045, 65.7049, and 154.30-060 to expand the application of the tax increment financing provisions to mixed-use development projects located in a research park owned by a public university, and to projects that are within three miles of a military base; amend KRS 65. 7051 and 65.7053 to conform.
HB 310 - AMENDMENTS
SCS - Retain original provisions; amend KRS 154.30-010 to extend the activation date allowed for signature tax increment financing projects that were approved by January 1, 2008 but not yet activated to anytime within ten years of the original project commencement date; apply the extension retroactively to qualifying agreements.
Feb 2-introduced in House
Feb 3-to Appropriations & Revenue (H)
Feb 4-posted in committee
Feb 8-reported favorably, 1st reading, to Calendar
Feb 9-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, February 10, 2011
Feb 10-3rd reading, passed 99-0
Feb 11-received in Senate
Feb 15-to Appropriations & Revenue (S)
Feb 23-taken from Appropriations & Revenue (S); 1st reading; returned to Appropriations & Revenue (S)
Feb 24-taken from Appropriations & Revenue (S); 2nd reading; returned to Appropriations & Revenue (S)
Mar 2-reassigned to Economic Development, Tourism & Labor (S)
Mar 3-reported favorably, to Rules with Committee Substitute as a Consent Bill; posted for passage in the Regular Orders of the Day for Thursday, March 3, 2011; 3rd reading, passed 32-2 with Committee Substitute
Mar 4-received in House; posted for passage for concurrence in Senate Committee Substitute ; House concurred in Senate Committee Substitute ; passed 97-0; enrolled, signed by each presiding officer; delivered to Governor
Mar 16-signed by Governor