AN ACT relating to fiscal matters and declaring an emergency.
Commonwealth of KentuckyKentuckyCreate a new section of Subchapter 20 of KRS Chapter 154 to establish the rural building and job creation revolving fund; specify uses of the fund to assist with compliance risk mitigation for the New Markets Tax Credits Program, or to issue low-interest loans to assist with construction of new buildings or renovations of existing buildings for lease to target wage economic development projects; require the Cabinet for Economic Development to report on the fund; create a new section of Subchapter 12 of KRS Chapter 154 to require the cabinet to work with the workforce liaison appointed by the president of the Kentucky Career and Technical College System to promote jobs created in the Commonwealth as a result of incentive programs; require the cabinet to conduct a feasibility and impact study on interstate reciprocity between state economic development programming; amend the general fund appropriation authorized in 2022 Ky. Acts ch. 199, Part I, B, 1.,(12) to not lapse and carry forward; APPROPRIATION; EMERGENCY.
- Status
- Passed
- Signed or otherwise enacted
- Status date
- Apr 27, 2026
- 199 days ago
- Current chamber
- House of Representatives
- Session
- 2026 Regular Session
Follow the legislation that affects what you sell.
Get started freeFree account · 30-second setup · No credit card
What it means for vendors
Civic IQ reads each bill for what it would fund, require or change for the agencies that buy.
Bill details
- Last action
- signed by Governor (Acts Ch. 198) · Apr 27, 2026
Sponsors
Bill history
Newest first.
Show 38 earlier actions
Recorded votes
Subjects
- Economic Development
- Effective Dates, Emergency
- Reports Mandated
- Counties
- Taxation
- Taxation, Income--Corporate
- Taxation, Income--Individual
- Wages and Hours
- Workforce
Read the bill at the source
This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.
Bill data from LegiScan, licensed under CC BY 4.0.