Kentucky House Bill 504 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 23 2015 - 25% progression, died in committee
Action: 2015-02-24 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]

Amend KRS 154.30-090 to require the Kentucky Economic Development Finance Authority and the Department of Revenue to review information submitted by an agency to receive an increment pursuant to a tax incentive agreement within 60 days, and to submit additional information if the increment determined by the authority and department differs from the increment requested by the agency; require the authority, in consultation with the department, to promulgate an administrative regulation identifying all forms, reports, and information that must be submitted by an agency as part of the increment notification process.

AN ACT relating to tax increment financing.

Rep. Jody Richards [D]

Date	Chamber	Action
2015-02-24	House	to Appropriations & Revenue (H)
2015-02-23	House	introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/15RS/HB504.htm
Text	http://www.lrc.ky.gov/record/15RS/HB504/bill.doc