Kentucky House Bill 115 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 4 2011 - 25% progression, died in committee
Action: 2011-01-04 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]

Amend KRS 48.010 to define terms related to the economic development and tourism project expenditure report; amend KRS 48.315, 131.585, and 224.43-505 to conform; create a new section of KRS Chapter 48 to require, no later than October 15, 2012, and annually thereafter, the publication of a state economic development and tourism project expenditure report by the Office of State Budget Director and the submission of that report to the Legislative Research Commission; create a new section of KRS Chapter 131 to require the Department of Revenue to provide data to the Office of State Budget Director on development tax expenditures and tax expenditures annually; amend KRS 131.190 to allow the department to disclose the information; create a new section of Subchapter 12 of KRS Chapter 154 to require the submission of data by the Cabinet for Economic Development to the Office of State Budget Director; create a new section of KRS Chapter 148 to require the submission of data by the Tourism, Arts and Heritage Cabinet to the Office of State Budget Director.

AN ACT relating to the reporting of tax inducements.

Rep. Jim Wayne [D]

Date	Chamber	Action
2011-01-04		to Appropriations & Revenue (H)
2011-01-04		introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/11RS/HB115.htm
Text	http://www.lrc.ky.gov/record/11RS/HB115/bill.doc