Kentucky Revised Statutes

Includes Enactments through the 2012 Extraordinary Session
This page was produced on 7/24/2012 at 8:49:15 AM

Terms & Conditions | PDF Viewer

KRS Chapter 154.20

Kentucky Economic Development Finance Authority

.010   Kentucky Economic Development Finance Authority -- Members -- Officers.

.020   Authority to commit cabinet to projects -- Exceptions.

.029   Short title for KRS 154.20-030 to 154.20-150.

.030   Purpose of authority.

.033   Powers of authority -- Limitation of liability -- Payment of administrative and operational expenses.

.035   Purposes for borrowing money or issuing bonds or notes -- Sale of bonds or notes -- Terms -- Tax exemption.

.040   Loan insurance account -- Deposits -- Money transferred.

.045   Insurance or guarantee by authority.

.050   Contract of insurance by authority -- Authority not an insurer.

.060   Projects eligible for insurance by authority -- Priority given to certain projects.

.070   Authority backing limited to projects with significant private sector financial support -- Terms and conditions determined by authority.

.080   Agreements with lenders -- Provisions included.

.090   Special fund to secure loan insurance account obligations.

.100   Reclamation development fund -- Deposits.

.105   Use of reclamation development fund.

.110   Written approval of application by local agency.

.120   Attorney's fees as part of judgment.

.130   Financial interests of authority members.

.140   Negotiations with other agencies -- Construction of authority's powers and obligations.

.150   Project status reports by authority -- Annual overview report -- Construction activity report.

.160   Development of criteria for productivity gains to be used in considering requests for financial assistance.

.170   Priority consideration for certain businesses.

.180   Business networks revolving loan fund -- Eligibility for assistance -- Administration of fund.

Kentucky Enterprise Initiative Act

.200   Definitions for KRS 154.20-200 to 154.20-216.

.202   Authority to promulgate administrative regulations -- Requirements for approval of eligible companies and economic development projects.

.203   Deadline for new applications -- Governing law for outstanding approved projects.

.204   Total tax refund incentive -- Application and approval of eligible company -- Transfer of designation as approved company.

.206   Authorization of sales and use tax refund for approved company -- Administrative regulations.

.208   Time for application and approval of eligible company as approved company.

.210   Agreement between authority and approved company.

.212   Company's filings under KRS 154.20-200 to 154.20-216 subject to Open Records Act.

.214   Authority to report annually to Legislative Research Commission and Governor.

.216   Short Title -- Kentucky Enterprise Initiative Act.

Kentucky Investment Fund

.250   Purpose of KRS 154.20-250 to 154.20-284.

.253   Repealed, 2002.

.254   Definitions for KRS 154.20-250 to 154.20-284.

.255   Tax credits available to investment fund -- Application for approval as manager -- Requirements for investment fund -- Agreement -- Total qualified investments made by fund.

.256   Approval of investment funds and managers -- Application -- Documents -- Powers of authority -- Purpose of investment fund -- Criteria for approval -- Disclosure form -- Operation of multiple funds -- Loss of unused credits -- Confidentiality -- Standards.

.257   Repealed, 2002.

.258   Investor entitled to credit -- Amount -- Carry-forward -- Liabilities -- Transferability -- Notification of Department of Revenue -- Additional credits -- Maximum credits.

.259   Repealed, 2002.

.260   Claim of credit on tax return -- Confidentiality.

.261   Repealed, 2002.

.262   Penalties and interest -- Liability of investors -- Powers and duties of Department of Revenue.

.263   Repealed, 2002.

.264   Annual report by investment fund manager -- Status report by authority -- Confidentiality -- Fee.

.265   Investment fund approved before July 1, 2002.

.267   Repealed, 2002.

.269   Repealed, 2002.

.271   Repealed, 2002.

.273   Repealed, 2002.

.277   Annual audit of investment funds by certified public accountant -- Examination of investment funds by authority and Department of Revenue -- Other audits -- Department's powers of enforcement -- Notice of noncompliance -- Examination, investigative, and enforcement powers of securities regulatory organizations.

.279   Limitation of liability for the Commonwealth and its agents.

.281   Dissolution or liquidation of investment fund.

.283   Prohibition against certain qualified investments and financial interests -- Investment fund manager's limitations on holding management positions in small businesses in which investment fund has invested.

.284   Short title for KRS 154.20-250 to 154.20-284.

.285   Investment in single knowledge-based entity -- Investment by local governments -- Transfer of tax credits.

Commonwealth Venture Fund

.300   Repealed, 1998.

.305   Repealed, 1998.

.310   Repealed, 1998.

.320   Repealed, 1998.

.330   Repealed, 1998.

.340   Repealed, 1998.

.350   Repealed, 1998.

.360   Repealed, 1998.

.370   Repealed, 1998.

.380   Repealed, 1998.

.390   Repealed, 1998.

Kentucky Alternative Fuel and Renewable Energy

.400   Definitions for KRS 154.20-400 to 154.20-420.

.405   Powers of cabinet under KRS 154.20-400 to 154.20-420.

.410   Kentucky alternative fuel and renewable energy fund.

.415   Kentucky Alternative Fuel and Renewable Energy Fund Program -- Purpose.

.420   Science and technology organization -- Duties -- Funding application process -- Negotiation of agreements.

Interim and Supplemental Financing

.520   Trust funds -- Payments.

.530   Mortgage insurance corporation -- Trust account.

.540   Powers of insurance corporation.

.550   Insurance payable from trust account.

.560   Restrictions on insurance commitment.

.570   Contract recapture provisions.

Previous Chapter |Next Chapter | Title Headings