KY HB527 | 2012 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 29 2012 - 25% progression, died in committee
Action: 2012-03-01 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #2) [MS Word]
Status: Introduced on February 29 2012 - 25% progression, died in committee
Action: 2012-03-01 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #2) [MS Word]
Summary
Amend KRS 96.895 to provide that, beginning in fiscal year 2014-2015, fifty percent (50%) of the Tennessee Valley Authority in-lieu-of-tax payments made to the Commonwealth and retained in the general fund will be allocated to designated local and regional economic or industrial development agencies for economic development and job creation activities.
Title
AN ACT relating to TVA in-lieu-of-tax payments.
Sponsors
| Rep. Johnny Bell [D] | Rep. John Carney [R] | Rep. Will Coursey [D] | Rep. Jim DeCesare [R] |
| Rep. Myron Dossett [R] | Rep. Melvin Henley [D] | Rep. Jeff Hoover [R] | Rep. David Housman [R] |
| Rep. Regina Huff [R] | Rep. Martha King [D] | Rep. Fred Nesler [D] | Rep. Jody Richards [D] |
| Rep. Bart Rowland [R] | Rep. Steven Rudy [R] | Rep. Wilson Stone [D] | Rep. Thomas Thompson [D] |
| Rep. John Tilley [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-03-01 | to Appropriations & Revenue (H) | |
| 2012-02-29 | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/12RS/HB527.htm |
| Text | http://www.lrc.ky.gov/record/12RS/HB527/bill.doc |
