Kentucky House Bill 52 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 8 2019 - 25% progression, died in committee
Action: 2019-01-10 - to Economic Development & Workforce Investment (H)
Pending: House Economic Development & Workforce Investment Committee
Text: Latest bill text (Introduced) [PDF]

Amend KRS 154.32.010 to define" minimum weekly wage"; amend KRS 154.32-020 to require an approved company to pay all new full-time employees whose jobs were created as a result of the economic development project no less than the minimum weekly wage and provide employee benefits for those jobs equal to at least 15% of the minimum weekly wage established by the agreement; amend KRS 154.32-030 to delete all provisions that allow the approved company to receive full incentives if 90% of the job and wage requirements are met upon activation or annual review; amend KRS 154.32-040 to delete a provision that would allow the approved company to receive a reduction in tax incentives for failing to meet job and wage requirements; specify that Act's provisions apply to applications preliminarily approved prior to the Act's effective date.

AN ACT relating to economic development incentives.

Rep. Jeffery Donohue [D]

Rep. George Brown [D]

Date	Chamber	Action
2019-01-10	House	to Economic Development & Workforce Investment (H)
2019-01-08	House	introduced in House
2018-09-13	House	Prefiled by the sponsor(s).

Type	Source
Summary	https://apps.legislature.ky.gov/record/19RS/hb52.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/19RS/hb52/orig_bill.pdf