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 8:49:16 AM
Terms & Conditions | PDF Viewer KRS Chapter 154.32
Terms & Conditions | PDF Viewer
.010 Definitions for subchapter.
.020 Incentives to induce location of economic development projects in the Commonwealth -- Purposes -- Requirements -- Summary of incentives available -- Legislative findings.
.030 Application, approval, and review process -- Memorandum of agreement -- Loan agreement for advance disbursement -- Preliminary and final approval -- Tax incentive agreement -- Standards for approval -- Partial satisfaction of eligibility requirements.
.040 Tax incentive agreement between authority and approved company -- Contents.
.050 Enhanced incentive counties -- Annual identification and certification or decertification -- Criteria -- Multicounty industrial park projects.
.060 Rehabilitation, replacement, or expansion of existing facilities -- Criteria for approval as economic development project.
.070 Nonrefundable tax credit for economic development project by approved company.
.080 Advance disbursement of portion of incentives -- Eligibility -- Computation of maximum amount -- Loan agreement -- Repayment.
.090 Wage assessments against employees -- Calculation of amount based on participation of local jurisdiction -- Credit against individual income tax for employees -- Assessment to cease at expiration of tax incentive agreement.
.100 Annual report on aggregate tax credits and assessments -- Certification that approved company has received total incentives available.
