Kentucky Revised Statutes
Statutes Last Updated July 23, 2012
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 154.30
Terms & Conditions | PDF Viewer
.010 Definitions for subchapter.
.020 Findings of General Assembly relative to development areas and projects.
.030 State tax increment financing participation programs -- Application requirements for a local government to request state participation -- Authority review requirements -- Pledge limitations -- Tax incentive agreements required -- Independent consultant's report.
.040 Commonwealth Participation Program for State Real Property Ad Valorem Tax Revenues -- Criteria for state participation -- Qualifying expenditures -- Pledge limitations -- Authority review -- Required determinations by the authority -- Tax incentive agreement required.
.050 Signature Project Program -- Purpose -- Two programs -- Criteria for state participation -- Qualifying expenditures -- Authority review -- Required determinations by the authority -- Pledge limitations -- Tax incentive agreement required.
.052 Signature project loan support program -- Program requirements.
.060 Commonwealth Participation Program for Mixed-Use Redevelopment in Blighted Urban Areas -- Definitions -- Criteria for state participation -- Qualifying expenditures -- Authority review -- Required determinations by the authority -- Pledge limitations -- Tax incentive agreement required.
.070 Terms and conditions of tax incentive agreements to be negotiated between authority and agency -- Provisions of agreement -- Pledge of incremental revenues superior to other pledges of revenues -- Renewal and discontinuance of agreement.
.080 Requirement that minimal capital investment be made prior to the release of incremental revenues -- Escrow account -- Duties of authority to monitor agreements and track revenues.
.090 Annual disbursement of tax incremental revenues.