HB 474 (BR 963) - R. Adkins, G. Stumbo, H. Collins, L. Combs, T. Couch, W. Coursey, M. Denham, J. Gooch Jr., K. Hall, R. Nelson, J. Short, K. Sinnette, F. Steele, G. Watkins, B. Yonts
AN ACT relating to economic development incentives for the coal industry.
Amend KRS 154.31-010 to allow coal mining or processing companies to potentially qualify for sales and use tax incentives offered through the Kentucky Enterprise Initiative Act (KEIA) and to define terms; create a new section of KRS Chapter 154.31 to define terms; amend KRS 154.32-010 to allow coal mining or processing companies to potentially qualify for income tax incentives offered through the Kentucky Business Investment Act (KBI) and to define terms; create a new section of KRS Chapter 154.32 to define terms; amend KRS 154.32-020, 154.32-030, and 154.32-060 to conform; direct the Cabinet for Economic Development to work with various foreign trade partners and the Kentucky coal industry to promote increased exports of Kentucky coal.
HB 474 - AMENDMENTS
SFA (1/Title, J. Higdon) - Make title amendment.
SFA (2, J. Higdon) - Amend KRS 278.502 to exclude natural gas liquids from the definition of oil or gas or oil and gas products as used in that statute; include transitional provision making the bill's provision retroactive to cover any eminent domain action filed under KRS 278.502; declare an EMERGENCY.
Feb 26-introduced in House
Feb 27-to Appropriations & Revenue (H)
Mar 14-posted in committee
Mar 18-reported favorably, 1st reading, to Consent Calendar
Mar 19-2nd reading, to Rules; taken from Rules; placed in the Consent Orders of the Day for Friday, March 21, 2014
Mar 21-3rd reading, passed 95-1-1; received in Senate
Mar 24-to Appropriations & Revenue (S)
Mar 25-floor amendments (1-title) and (2) filed