16 chapters · 1,076 sections in this title.
KRS § 154.35-010 Definitions for subchapter
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As used in this subchapter, unless the context indicates otherwise: (1) "Beneficiary of an economic incentive package" means any entity for which any assessment, incentive, inducement, or tax credit is issued or awarded pursuant to KRS 154.22-010 to 154.22-070, KRS 154.24-010 to …
KRS § 154.35-020 Kentucky Research and Development Infrastructure -- Location of research centers -- Integration of basic research centers and applied research centers
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research centers -- Integration of basic research centers and applied research centers. (1) The Kentucky Science and Technology Council, Inc., is authorized to establish the Kentucky Research and Development Infrastructure in accordance with guidelines developed and adopted by th…
KRS § 154.35-030 Powers and authority of council
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The council shall have all the powers and authority, not explicitly prohibited by statute, necessary and convenient to carry out and effectuate the purposes of KRS 154.35-010 to 154.35-055, including, but not limited to: (1) Entering into contracts or agreements necessary or inci…
KRS § 154.35-040 Kentucky Research and Development Infrastructure fund
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There is established a fund entitled the "Kentucky Research and Development Infrastructure Fund" for the purposes and benefit of the Kentucky Research and Development Infrastructure. The fund may receive state appropriations, gifts, grants, and any other funds both public and pri…
KRS § 154.35-044 Allocation of fund moneys by council -- Limitations
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The council shall allocate moneys from the fund for the operation of the infrastructure and the centers subject to the following limitations: (1) The council may retain not more than eight percent (8%) of the deposits into the fund in any budget year for the central administratio…
KRS § 154.35-046 Establishment of accounts for individual research centers -- Report to Legislative Research Commission -- Audits
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Legislative Research Commission -- Audits. (1) The council is authorized to establish accounts for each research center approved by the council. Each account shall be kept separately from any other accounts established by the council and shall be kept separately from any other mo…
KRS § 154.35-050 Functions of basic research centers and applied research centers -- Advisory committees -- Goal of infrastructure -- Centers to retain or contract with experts
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Advisory committees -- Goal of infrastructure -- Centers to retain or contract with experts. (1) The function of the basic research centers shall be to perform basic research of significant benefit to one (1) or more key industries that have been identified in and targeted by the…
KRS § 154.35-055 Qualification as contracting university
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Universities individually or jointly eligible to serve as contracting universities for the centers set forth in KRS 154.35-020 may qualify by: (1) Agreeing to match the moneys allocated to the center by the council from the fund dollar-for-dollar from nonstate, nonagency funds ra…
KRS § 154.360 Renumbered as KRS 154.80-310
KRS § 154.365 Repealed, 1992
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Catchline at repeal: Membership -- Quorum -- Compensation.
KRS § 154.370 Repealed, 1992
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Catchline at repeal: Districts -- Appointments.
KRS § 154.375 Repealed, 1992
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Catchline at repeal: Executive director.
KRS § 154.380 Repealed, 1992
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Catchline at repeal: Power to contract.
KRS § 154.385 Repealed, 1992
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Catchline at repeal: Receipt and disbursement of funds.
KRS § 154.40-010 Definitions for KRS 154.40-010 to 154.40-060
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As used in KRS 154.40-010 to 154.40-060, unless the context indicates otherwise: (1) "Board" means the board of directors of the Eastern Kentucky Exposition Center Corporation; (2) "Center" means the Eastern Kentucky Exposition Center; and (3) "Corporation" means the Eastern Kent…
KRS § 154.40-020 Eastern Kentucky Exposition Center Corporation
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(1) The Eastern Kentucky Exposition Center Corporation is created and established as an independent, de jure municipal corporation and political subdivision of the Commonwealth that shall be a public body corporate and politic. The corporation shall develop, operate, and manage t…
KRS § 154.40-030 Board of directors
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(1) The corporation shall be governed by a board of directors consisting of seven (7) members appointed as follows: (a) Three (3) members appointed by the Governor; (b) Two (2) members appointed by the county judge/executive of Pike County; and (c) Two (2) members appointed by th…
KRS § 154.40-040 Powers of board -- Executive director
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(1) The board may develop articles of incorporation and appropriate documentation to establish its existence as a corporation under KRS 58.180. (2) A quorum of the board shall consist of four (4) members, with a majority of members present authorized to act upon any matter legall…
KRS § 154.40-050 Powers and duties of corporation
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The Eastern Kentucky Exposition Center Corporation shall have the following powers and duties: (1) The corporation shall supervise the design, construction, and operation of the Eastern Kentucky Exposition Center and shall provide all management functions for the facility and for…
KRS § 154.40-060 Use of revenues and funds -- Annual audit
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(1) All revenues derived by the corporation from the use of Eastern Kentucky Exposition Center, all contributions to the center from other sources, and any revenues derived by the corporation from any other source shall be used solely for the expenses of the center, including pay…
KRS § 154.410 Repealed, 1986
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Catchline at repeal: Kentucky horse council created -- Membership -- Meetings -- Funds.
KRS § 154.420 Repealed, 1986
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Catchline at repeal: Duties of council.
KRS § 154.47-005 Definitions for subchapter
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As used in this subchapter, unless the context clearly indicates otherwise: (1) "Center" means the Quicksand Wood Utilization Center located in Breathitt County, Kentucky; (2) "Certified tree farmer" means a person whose tree farm is certified by the Kentucky Tree Farm Committee …
KRS § 154.47-010 Legislative findings
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(1) The General Assembly of the Commonwealth of Kentucky finds that the forests of the Commonwealth provide abundant, renewal timber resources that historically have been underdeveloped, underutilized, and poorly managed, but which have proven to be resilient; and that, with prop…
KRS § 154.47-050 Design, development, use, and sale of Kentucky-made furniture and other wood products by Kentucky Department of Parks
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other wood products by Kentucky Department of Parks. The Kentucky Department of Parks of the Tourism, Arts and Heritage Cabinet shall, whenever practicable: (1) Develop and design Kentucky-made furniture for use in state parks; (2) Make state parks facilities living showrooms for…
KRS § 154.47-055 Integrated workforce training program
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(1) Notwithstanding the provisions of KRS Chapter 151B, the University of Kentucky, Eastern Kentucky University, Morehead State University, and the Kentucky Community and Technical College System in conjunction with the Department of Workforce Development in the Education and Lab…
KRS § 154.47-060 Quicksand Wood Utilization Center as hub for industry expansion -- Demonstration projects
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Demonstration projects. (1) The University of Kentucky College of Agriculture may operate the Quicksand Wood Utilization Center, which is located in Breathitt County at the Quicksand Substation of the College of Agriculture of the University of Kentucky, as a hub for the expansio…
KRS § 154.47-075 Training and assistance programs for forest management and worker safety
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worker safety. (1) The Kentucky Division of Forestry shall develop and implement a program to provide training and assistance to private woodland owners in best management practices of forest development and sustainability. The training and assistance program shall provide advice…
KRS § 154.50-020 Legislative findings of fact -- Purpose of KRS 154.50-020 to 154.50-030
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(1) It is hereby found, determined, and declared as a legislative finding of fact that the general welfare of the citizens of the Commonwealth is directly related to the economic and employment opportunities available to them, and it is the legitimate business of the Kentucky sta…
KRS § 154.50-030 Expenditure of funds to industrial entities
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(1) In carrying out the purposes of KRS 154.50-020 to 154.50-030, and in providing for the expenditure of funds to industrial entities to assist in the implementation of an industrial improvement project, the cabinet may find that the cost may be paid in whole or in part out of f…
KRS § 154.50-301 Citation
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KRS 154.50-301 to 154.50-346 shall be known as the Local Industrial Development Authority Act.
KRS § 154.50-310 Definitions for KRS 154.50-301 to 154.50-346
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As used in KRS 154.50-301 to 154.50-346, unless the context otherwise requires: (1) "Authority" means a local industrial development authority as established by KRS 154.50-301 to 154.50-346. (2) "Industrial sites, parks and subdivisions" means land and improvements thereon, inclu…
KRS § 154.50-313 Purpose
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The purpose of KRS 154.50-301 to 154.50-346 is to create local industrial development authorities to aid in the acquisition, retention and development of land for industrial and commercial purposes in Kentucky; to aid in the development and promotion of industrial sites, parks an…
KRS § 154.50-316 Establishment of local industrial development authority
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(1) Any governmental unit by act of its legislative body may establish a nonprofit industrial development authority to be composed of not less than six (6) and not more than eight (8) members. (2) The authority shall be a body politic and corporate with the usual corporate attrib…
KRS § 154.50-320 Functions of authority
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(1) The purpose, duties, and powers of the authority shall be to: (a) Acquire, retain, and develop land for industrial and commercial purposes in Kentucky; aid in the development and promotion of industrial sites, parks, and subdivisions to meet industrial and commercial needs in…
KRS § 154.50-323 Limitations on condemnation powers
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Notwithstanding any other provision or section of KRS 154.50-301 to 154.50-346, no governmental unit shall have the power to condemn property under KRS 154.50-301 to 154.50-346 unless the governmental unit has first given proper public notice as required by law stating the specif…
KRS § 154.50-326 Membership of authority
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(1) The members of the authority shall be appointed as follows: (a) If the authority is established by a city, the members shall be appointed by the mayor of the city; (b) If the authority is established by a county, the members shall be appointed by the county judge/executive; (…
KRS § 154.50-330 Withdrawal by governmental unit -- Dissolution of authority
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(1) In the event that a joint industrial development authority is created by cities and/or counties, and thereafter a city or cities or county or counties desire to withdraw from participation, then the remaining participants may jointly choose a successor member or members of th…
KRS § 154.50-333 Quorum -- Effect of tie vote
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A quorum for the transacting of the business of the authority shall consist of a majority of the members. Meetings of the authority may be called by the chairman or by a majority of the members. In case of tie voting by the authority, the issue shall be deemed to have failed pass…
KRS § 154.50-336 Authority officers, employees -- Expenses of members
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(1) Members of the authority shall serve without compensation but shall be reimbursed for any actual and necessary expenses incurred by them in the conduct of the affairs of the authority. The authority shall, upon the appointment of its members, organize and elect officers. The …
KRS § 154.50-340 Authority's power to receive appropriations and to finance by borrowing or by issuance of revenue bonds
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borrowing or by issuance of revenue bonds. (1) In order to provide money for the purchase of property necessary to develop industrial sites, parks, and subdivisions, the legislative body of any governmental unit creating the industrial development authority under KRS 154.50-301 t…
KRS § 154.50-343 Title to property -- Authority's property, revenues are tax-exempt
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The title to all property acquired by the authority shall vest in the authority. All property acquired for the development of industrial sites, parks and subdivisions shall be exempt from taxation to the same extent as other property used for public purposes. All revenues collect…
KRS § 154.50-346 Declaration of public purpose
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The acquisition of any lands for the purpose of developing industrial sites, parks and subdivisions is hereby declared to be a public and governmental function, exercised for a public purpose, and a matter of public necessity, and such lands and other property, easements and priv…
KRS § 154.50-350 Compliance with KRS 65A.010 to 65A.090
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Any authority shall comply with the provisions of KRS 65A.010 to 65A.090.
KRS § 154.550 Renumbered as KRS 154.20-520
KRS § 154.555 Renumbered as KRS 154.20-530
KRS § 154.560 Renumbered as KRS 154.20-540
KRS § 154.565 Renumbered as KRS 154.20-550
KRS § 154.570 Renumbered as KRS 154.20-560
KRS § 154.575 Renumbered as KRS 154.20-570