KY HB152 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 7 2023 - 25% progression, died in committee
Action: 2023-03-03 - returned to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Create a new section of Subchapter 20 of KRS Chapter 154 to establish the Taxpayer Transplant Program to recruit remote workers and employees to the Commonwealth; establish program guidelines and require the Kentucky Economic Development Finance Authority to issue a request for proposal for the contracted company to invest in the program and recruit, market, and offer incentive grants to attract qualified employees; create a new section of KRS Chapter 131 to authorize the Department of Revenue to issue annual disbursements to the contracted company based upon the qualified employees, wages, and county of location; require the Department of Revenue to report to the Interim Joint Committees on Appropriations on the program; require the authority to issue the request for proposal within 90 days of the effective date of the Act to avoid a ten percent reduction in the Economic Development budget unit in the next biennium.

Tracking Information

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Title

AN ACT relating to an economic development taxpayer transplant program.

Sponsors


History

DateChamberAction
2023-03-03Housereturned to Appropriations & Revenue (H)
2023-03-03House2nd reading
2023-03-03Housetaken from Appropriations & Revenue (H)
2023-03-02Housereturned to Appropriations & Revenue (H)
2023-03-02House1st reading
2023-03-02Housetaken from Appropriations & Revenue (H)
2023-02-28Houseto Appropriations & Revenue (H)
2023-02-07Houseto Committee on Committees (H)
2023-02-07Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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