KY HB335 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 27 2010 - 25% progression, died in committee
Action: 2010-02-19 - posted in committee
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]

Summary

Amend KRS 48.010 to add definitions related to the economic development and tourism project expenditure report; make conforming changes; create a new section in KRS Chapter 48 to require, no later than October 15, 2011, and annually thereafter, the publication of a state economic development and tourism project expenditure report by the Office of State Budget Director and the submission of that report to the Legislative Research Commission; create a new section in KRS Chapter 131 to require the Department of Revenue to provide data to the Office of State Budget Director on development tax expenditures and tax expenditures annually; amend KRS 131.190 to allow the department to disclose the information; create a new section in Subchapter 12 of KRS Chapter 154 to require the submission of data by Cabinet for Economic Development to the Office of State Budget Director; create a new section in KRS Chapter 148 to require the submission of data by the Commerce Cabinet to the Office of State Budget Director.

Tracking Information

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Title

AN ACT relating to the reporting of tax inducements.

Sponsors


History

DateChamberAction
2010-02-19 posted in committee
2010-01-28 to Appropriations & Revenue (H)
2010-01-27 introduced in House

Kentucky State Sources


Bill Comments

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