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HB 535/FN (BR 967) - K. Sinnette, J. York, R. Adkins, G. Brown Jr., D. Butler, J. DeCesare, M. Denham, J. Greer, L. Nicholls, D. Schamore, F. Steele

     AN ACT relating to economic development.
     Amend KRS 154.26-010 and 154.26-080 to extend the amount of time allowed for a company with an approved economic revitalization project qualifying for incentives under the Kentucky Industrial Revitalization Act (KIRA) to undertake supplemental projects which may qualify for additional incentives, from 24 months to 60 months following the term of the initial project; reduce the number of current employees and amount of minimum investment required for approval of a supplemental project; create a new section of Subchapter 26 of KRS Chapter 154 to provide that costs incurred to start up an idled blast furnace shall be considered eligible costs for the KIRA program; amend KRS 139.480 to exempt all property used in operating a blast furnace and related steel-making operations as part of a KIRA supplemental project from the state sales and use tax; provide that sales tax exemption provisions are EFFECTIVE August 1, 2016.


HB 535 - AMENDMENTS

     SCS1 - Retain original provisions; amend KRS 16.010 to put definitions in alphabetical order and to add a definition of "Cadet Trooper"; create a new section of KRS 16.010 to 16.199 to establish salary schedules for officers based on rank and years of service, and to establish other requirements and conditions relating to officers' salaries; amend KRS 16.050 to require repayment of training costs if an officer leaves employment of the Kentucky State Police within three years of completing basic training; amend KRS 16.165 to provide that disabled officers who elect to be retained on the regular payroll are not eligible for salary increments and increases based on rank or years of service until return to full active duty; amend KRS 16.198 to allow Trooper R Class officers to serve more than five years; amend KRS 18A.110 and 64.640 to conform.
     SCA1( C. McDaniel ) - Make title amendment.
     SFA1( A. Kerr ) - Amend KRS 153.450 to allow an urban-county government to levy a transient room tax of up to an extra two-and-a-half percent for a total of up to four-and-a-half percent and to specify the purposes for which the revenue may be expended.
     SFA2( A. Kerr ) - Make title amendment.
     SFA3( A. Kerr ) - Amend KRS 153.450 to allow an urban-county government to levy a transient room tax of up to an extra two-and-a-half percent for a total of up to four-and-a-half percent and to specify the purposes for which the revenue may be expended.

     Feb 29, 2016 - introduced in House
     Mar 01, 2016 - to Economic Development (H); posting waived
     Mar 03, 2016 - reported favorably, 1st reading, to Consent Calendar
     Mar 04, 2016 - 2nd reading, to Rules
     Mar 07, 2016 - posted for passage in the Consent Orders of the Day for Wednesday, March 9, 2016
     Mar 09, 2016 - 3rd reading, passed 96-0
     Mar 10, 2016 - received in Senate
     Mar 14, 2016 - to Appropriations & Revenue (S)
     Mar 25, 2016 - taken from Appropriations & Revenue (S); 1st reading; returned to Appropriations & Revenue (S)
     Mar 28, 2016 - taken from Appropriations & Revenue (S); 2nd reading; returned to Appropriations & Revenue (S)
     Mar 29, 2016 - reported favorably, to Rules with Committee Substitutes (1), committee amendment (1-title); posted for passage in the Consent Orders of the Day for Tuesday, March 29, 2016 (Consent Orders #3); 3rd reading, passed 38-0 with Committee Substitute (1); floor amendment (1) filed to Committee Substitute, floor amendment (2-title) and (3) filed
     Apr 01, 2016 - committee amendment (1-title) adopted; received in House; to Rules (H); posted for passage for concurrence in Senate Committee Substitute (1); House concurred in Senate Committee Substitutes (1) committee amendment (1-title); passed 97-0; enrolled, signed by each presiding officer; delivered to Governor
     Apr 13, 2016 - signed by Governor (Acts, ch. 109)