Title XII, Conservation and State Development

Catchline at repeal: Appropriations and finances transferred to Kentucky Development Finance Authority.

This subchapter shall be known as the Small Business Tax Credit and Selling Farmer Tax Credit Programs.

As used in this subchapter: (1) "Authority" means the Kentucky Economic Development Finance Authority; (2) (a) "Average hourly wage" means the per-hour wage earned by a full-time employee, including wages, tips, overtime, bonuses, and commissions, as reflected on the employee's f…

requirements -- Maximum credits permitted. (1) The authority shall develop a Small Business Development Credit Program in consultation with the Office of Entrepreneurship and Innovation to assist new or existing small businesses operating in the Commonwealth. The nonrefundable cr…

The authority shall establish the procedures and standards for a small business development credit program by the promulgation of administrative regulations in accordance with KRS Chapter 13A.

Eligibility -- Application requirements -- Incentives to be negotiated by Cabinet for Economic Development -- Approval by the authority -- Authority to transmit required information to the Department of Revenue -- Penalty -- Sunset. (1) As used in this section: (a) "Actively enga…

As used in this subchapter: (1) "Above-the-line production crew" means employees involved with the production of a motion picture or entertainment production whose salaries are negotiated prior to commencement of production, such as actors, directors, producers, and writers; (2) …

productions and continuous film productions. (1) The purposes of KRS 141.383 and this subchapter are to encourage: (a) The film and entertainment industry to choose locations in the Commonwealth for the filming and production of motion picture or entertainment productions; (b) Th…

report -- Review. (1) An eligible company shall, prior to incurring any expenditure for which recovery will be sought, file an application for tax incentives with the office. The application shall include: (a) The name and address of the applicant; (b) Verification that the appli…

Catchline at repeal: Enterprise zones may be exempt from administrative regulations -- Exception -- Procedure.

The purpose of KRS 65.510 to 65.530, KRS 139.483, this section, and KRS 154.80-110 to 154.80-130 is to create within the Cabinet for Economic Development to aid in the promotion and development of river-related industry, agriculture, and commerce in Kentucky; to aid in the promot…

Organization under KRS Chapters 271B and 273 not prohibited. (1) The cabinet may make application to the proper federal authorities for the establishment of a foreign trade zone wherever and whenever such a zone is desirable. KRS 65.510 to 65.530, KRS 139.483, KRS 154.80-100, and…

The cabinet may enter into any and all contracts in its own name for planning, engineering, promotion, and development, consistent with the purposes of KRS 65.510 to 65.530, 139.483, 154.80-100, and 154.80-110 to 154.80-130, and may enter into contracts for these purposes with an…

The cabinet may disburse any and all funds appropriated by the Legislature for purposes consistent with KRS 65.510 to 65.530, 139.483, 154.80-100, and 154.80-110 to 154.80- 130, any funds received from any state agency, and may apply for, receive, and disburse funds from the fede…

The General Assembly finds that a major convention center in Northern Kentucky will serve as a catalyst in the regional development of commerce, and that it will enhance the position of Northern Kentucky as a year round convention and tourist attraction. The General Assembly find…

(1) The Northern Kentucky Convention Center Corporation is hereby established to develop and manage the Northern Kentucky Convention Center. The corporation shall be attached to the Tourism, Arts and Heritage Cabinet for administrative purposes. The corporation shall be directed …

The Northern Kentucky Convention Center Corporation: (1) Shall supervise the design and construction of the Northern Kentucky Convention Center, and shall provide all management functions for the facility and for any other property acquired or leased pursuant to its powers under …

(1) The Northern Kentucky Convention Center Corporation may appoint an executive director, who shall hold office at its pleasure. The executive director shall act under the direction of the board of the corporation in employing necessary staff to perform its duties and exercise i…