KY HB493 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on April 10 2014 - 100% progression
Action: 2014-04-10 - signed by Governor (Acts, ch. 104)
Text: Latest bill text (Draft #2) [MS Word]

Summary

Amend KRS 148.851 to define "enhanced incentive county"; amend KRS 148.853 to provide that the total eligible costs shall exceed $500,000 for a tourism attraction project located in an enhanced incentive county; and allow a tourism attraction project located in an enhanced incentive county to receive a sales tax incentive equal to the lesser of the amount of the sales tax liability of the approved company and its lessees or a percentage of the approved costs not to exceed 30%; create a new section of KRS 148.851 to 148.860 to provide that new applications for enhanced incentive county incentives shall not be accepted or considered for incentives before August 1, 2014 or after July 31, 2018.

Tracking Information

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Title

AN ACT relating to tourism development tax incentives.

Sponsors


History

DateChamberAction
2014-04-10Housesigned by Governor (Acts, ch. 104)
2014-03-31Housedelivered to Governor
2014-03-31Houseenrolled, signed by President of the Senate
2014-03-28Houseenrolled, signed by Speaker of the House
2014-03-28Housereceived in House
2014-03-27Senate3rd reading, passed 37-1
2014-03-27Senateposted for passage in the Consent Orders of the Day for Thursday, March 27, 2014
2014-03-27Senatefloor amendment (1) withdrawn
2014-03-26Senatereported favorably, to Rules as a Consent Bill
2014-03-25Senatefloor amendment (1) filed
2014-03-24Senateto Appropriations & Revenue (S)
2014-03-24Senatereturned to Committee on Committees (S)
2014-03-24Senate2nd reading
2014-03-24Senatetaken from Committee on Committees (S)
2014-03-21Senatereturned to Committee on Committees (S)
2014-03-21Senate1st reading
2014-03-21Senatetaken from Committee on Committees (S)
2014-03-21Senatereceived in Senate
2014-03-21House3rd reading, passed 97-0 with Committee Substitute
2014-03-19Houseplaced in the Consent Orders of the Day for Friday, March 21, 2014
2014-03-19Housetaken from Rules
2014-03-19House2nd reading, to Rules
2014-03-18Housereported favorably, 1st reading, to Consent Calendar with Committee Substitute
2014-03-14Houseposted in committee
2014-03-04Houseto Appropriations & Revenue (H)
2014-02-27Houseintroduced in House

Kentucky State Sources


Bill Comments

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