Legislative record

SB 197STATE · KentuckyIntroduced

AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an emergency.

Create a new section of Subchapter 32 of KRS Chapter 154 to establish a tiered county system for eligible companies to receive incentives under the Kentucky Business Investment Program; amends KRS 154.32-010 to define "tier"; amends KRS 154.32-020 and 154.32-040 to conform; amend KRS 154.32-050 to specify tiering procedures; amend KRS 154.32-060 to require the Kentucky Economic Development Finance Authority to identify and certify or decertify the tiers for all counties on an annual basis into 4 tax credit tiers; provide that the incentives available under this subchapter be determined based on the county where the economic development project is located by an approved company; provide a county's tier will be based on a 5 year average of its unemployment rate and population ranking; amend KRS 154.32-090, 154.61-010, 154.61-020, and 141.383 to conform.

Voted 4/27/2026View source

Roll-call record

How representatives voted

158 yea·8 nay·15 other

Docket history

Action history

  1. 4/27/2026delivered to Secretary of State (Acts Ch. 202)
  2. 4/27/2026line items vetoed
  3. 4/27/2026delivered to Secretary of State
  4. 4/15/2026taken from the Orders of the Day
  5. 4/15/2026recommitted to Appropriations & Revenue (H)
  6. 4/15/2026reported favorably, to Rules with Committee Substitute (2) and Committee Amendment (2-title)
  7. 4/15/2026taken from Rules
  8. 4/15/2026placed in the Orders of the Day
  9. 4/15/20263rd reading, passed 82-7 with Committee Substitute (2) and Committee Amendment (2-title)
  10. 4/15/2026received in Senate