Kentucky House Bill 535 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 8-3)
Status: Passed on April 13 2016 - 100% progression
Action: 2016-04-13 - signed by Governor (Acts, ch. 109)
Text: Latest bill text (Draft #4) [PDF]

Amend KRS 154.26-010 and 154.26-080 to extend the amount of time allowed for a company with an approved economic revitalization project qualifying for incentives under the Kentucky Industrial Revitalization Act (KIRA) to undertake supplemental projects which may qualify for additional incentives, from 24 months to 60 months following the term of the initial project; reduce the number of current employees and amount of minimum investment required for approval of a supplemental project; create a new section of Subchapter 26 of KRS Chapter 154 to provide that costs incurred to start up an idled blast furnace shall be considered eligible costs for the KIRA program; amend KRS 139.480 to exempt all property used in operating a blast furnace and related steel-making operations as part of a KIRA supplemental project from the state sales and use tax; provide that sales tax exemption provisions are EFFECTIVE August 1, 2016.

AN ACT relating to economic development.

Rep. Kevin Sinnette [D]	Rep. Jill York [R]	Rep. Rocky Adkins [D]	Rep. George Brown [D]
Rep. Dwight Butler [R]	Rep. Jim DeCesare [R]	Rep. Mitchel Denham [D]	Rep. Jeff Greer [D]
Rep. Lew Nicholls [D]	Rep. Dean Schamore [D]	Rep. Fitz Steele [D]

Date	Chamber	Action
2016-04-13	House	signed by Governor (Acts, ch. 109)
2016-04-01	House	delivered to Governor
2016-04-01	House	enrolled, signed by each presiding officer
2016-04-01	House	passed 97-0
2016-04-01	House	House concurred in Senate Committee Substitutes (1) committee amendment (1-title)
2016-04-01	House	posted for passage for concurrence in Senate Committee Substitute (1)
2016-04-01	House	to Rules (H)
2016-04-01	House	received in House
2016-04-01	Senate	committee amendment (1-title) adopted
2016-03-29	Senate	floor amendment (1) filed to Committee Substitute, floor amendment (2-title) and (3) filed
2016-03-29	Senate	3rd reading, passed 38-0 with Committee Substitute (1)
2016-03-29	Senate	posted for passage in the Consent Orders of the Day for Tuesday, March 29, 2016 (Consent Orders #3)
2016-03-29	Senate	reported favorably, to Rules with Committee Substitutes (1), committee amendment (1-title)
2016-03-28	Senate	returned to Appropriations & Revenue (S)
2016-03-28	Senate	2nd reading
2016-03-28	Senate	taken from Appropriations & Revenue (S)
2016-03-25	Senate	returned to Appropriations & Revenue (S)
2016-03-25	Senate	1st reading
2016-03-25	Senate	taken from Appropriations & Revenue (S)
2016-03-14	Senate	to Appropriations & Revenue (S)
2016-03-10	Senate	received in Senate
2016-03-09	House	3rd reading, passed 96-0
2016-03-07	House	posted for passage in the Consent Orders of the Day for Wednesday, March 9, 2016
2016-03-04	House	2nd reading, to Rules
2016-03-03	House	reported favorably, 1st reading, to Consent Calendar
2016-03-01	House	posting waived
2016-03-01	House	to Economic Development (H)
2016-02-29	House	introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/16RS/HB535.htm
Text	http://www.lrc.ky.gov/record/16RS/HB535/bill.pdf
Amendment	http://www.lrc.ky.gov/record/16RS/HB535/SCS1.pdf
Amendment	http://www.lrc.ky.gov/record/16RS/HB535/SCA1.pdf
Amendment	http://www.lrc.ky.gov/record/16RS/HB535/SFA1.pdf
Amendment	http://www.lrc.ky.gov/record/16RS/HB535/SFA2.pdf
Amendment	http://www.lrc.ky.gov/record/16RS/HB535/SFA3.pdf
Supplement	http://www.lrc.ky.gov/record/16RS/HB535/FN.pdf
Supplement	http://www.lrc.ky.gov/record/16RS/HB535/vote_history.pdf