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]
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.
Title
AN ACT relating to an economic development taxpayer transplant program.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-03-03 | House | returned to Appropriations & Revenue (H) |
2023-03-03 | House | 2nd reading |
2023-03-03 | House | taken from Appropriations & Revenue (H) |
2023-03-02 | House | returned to Appropriations & Revenue (H) |
2023-03-02 | House | 1st reading |
2023-03-02 | House | taken from Appropriations & Revenue (H) |
2023-02-28 | House | to Appropriations & Revenue (H) |
2023-02-07 | House | to Committee on Committees (H) |
2023-02-07 | House | introduced in House |
Subjects
Kentucky State Sources
Type | Source |
---|---|
Summary | https://apps.legislature.ky.gov/record/23RS/hb152.html |
Text | https://apps.legislature.ky.gov/recorddocuments/bill/23RS/hb152/orig_bill.pdf |