KY HB 577
enactedAN ACT relating to economic development.
Kentucky · 2026 Regular Session · lower
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Quick answers
Did KY HB 577 pass?
Yes. KY HB 577 has been enacted into law. Latest recorded action (2026-04-13): signed by Governor (Acts Ch. 114)
What is KY HB 577 about?
Amend KRS 154.12-300, 154.12-305, and 154.12-300 to change the Kentucky Innovation and Commercialization Center program to the Kentucky Entrepreneurship and Innovation Hub Program; amend KRS 154.12-300 to define terms; amend KRS 154.12-305 to add goals of supporting entrepreneur-led economic development and attracting workforce talent, investors, and start-up companies to the program; amend KRS 154.12-310 to make conforming changes; amend KRS 164.6011 to include definitions of "early-stage company" and "high-growth company" in the Kentucky Innovation Act; amend KRS 164.6019 to provide that moneys received in the Kentucky enterprise fund may be subject to restrictions imposed by the contributing entity and subject to approval by the Cabinet for Economic Development; amend KRS 164.6021 to make conforming changes and add the purpose of the Kentucky enterprise fund is to attract, recruit, and support early-stage and high-growth companies to locate, relocate, or establish a presence in the Commonwealth; amend KRS 164.6023 to allow companies based outside of Kentucky to be eligible by becoming a Kentucky-based company within 180 days after certification authorizing funding; amend KRS 154.20-234 to allow a pass-through entity to qualify for participation in the Angel Investor Program; make conforming changes.
Who sponsors KY HB 577?
V. Grossl, G. Brown Jr., J. Branscum are the primary sponsors of KY HB 577.
Description
Amend KRS 154.12-300, 154.12-305, and 154.12-300 to change the Kentucky Innovation and Commercialization Center program to the Kentucky Entrepreneurship and Innovation Hub Program; amend KRS 154.12-300 to define terms; amend KRS 154.12-305 to add goals of supporting entrepreneur-led economic development and attracting workforce talent, investors, and start-up companies to the program; amend KRS 154.12-310 to make conforming changes; amend KRS 164.6011 to include definitions of "early-stage company" and "high-growth company" in the Kentucky Innovation Act; amend KRS 164.6019 to provide that moneys received in the Kentucky enterprise fund may be subject to restrictions imposed by the contributing entity and subject to approval by the Cabinet for Economic Development; amend KRS 164.6021 to make conforming changes and add the purpose of the Kentucky enterprise fund is to attract, recruit, and support early-stage and high-growth companies to locate, relocate, or establish a presence in the Commonwealth; amend KRS 164.6023 to allow companies based outside of Kentucky to be eligible by becoming a Kentucky-based company within 180 days after certification authorizing funding; amend KRS 154.20-234 to allow a pass-through entity to qualify for participation in the Angel Investor Program; make conforming changes.
- Introduced
- 2026-02-06
- Latest action
- 2026-04-13 — signed by Governor (Acts Ch. 114)
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- V. Grosslprimary
- G. Brown Jr.primary
- J. Branscumprimary
Committees
Not provided by source.
Action timeline
Newest first
2026-04-13
signed by Governor (Acts Ch. 114)
executive-signature
2026-04-01
delivered to Governor
2026-04-01
enrolled, signed by President of the Senate
passage
2026-04-01
enrolled, signed by Speaker of the House
passage
2026-03-31
received in House
2026-03-31
3rd reading, passed 37-0
passage,reading-3
2026-03-27
posted for passage in the Regular Orders of the Day for Tuesday, March 31 2026
2026-03-27
2nd reading, to Rules
reading-2
2026-03-26
reported favorably, 1st reading, to Calendar
committee-passage
2026-03-16
to Economic Development, Tourism, & Labor (S)
referral-committee
2026-02-19
to Committee on Committees (S)
referral-committee
2026-02-19
received in Senate
2026-02-18
3rd reading, passed 98-0
passage,reading-3
2026-02-17
posted for passage in the Regular Orders of the Day for Wednesday, February 18 2026
2026-02-13
2nd reading, to Rules
reading-2
2026-02-12
reported favorably, 1st reading, to Calendar
committee-passage
2026-02-10
to Economic Development & Workforce Investment (H)
referral-committee
2026-02-06
to Committee on Committees (H)
referral-committee
2026-02-06
introduced in House
introduction
Versions
Documents
Votes
Pass
2026-02-18 · pass · 98-0
Member-level votes (100)
- Aull: yes
- Dietz: yes
- Hancock: yes
- McCool: yes
- Rudy: yes
- Baker: yes
- Doan: yes
- Hart: yes
- McPherson: yes
- Sharp: yes
- Banta: yes
- Donworth: yes
- Heavrin: yes
- Meade: yes
- Smith: yes
- Bauman: yes
- Dossett: yes
- Hodgson: yes
- Meredith: yes
- Stalker: yes
- Bivens: yes
- Dotson: yes
- Holloway: yes
- Miles: yes
- Tackett Laferty: yes
- Blanton: yes
- Duvall: yes
- Huff T: yes
- Moore: yes
- Tate: yes
- Bojanowski: yes
- Elliott: yes
- Imes: yes
- Moser: yes
- Thomas: yes
- Bowling: yes
- Fister: yes
- Jackson: yes
- Neighbors: yes
- Thompson: yes
- Branscum: yes
- Flannery: yes
- Johnson: yes
- Nemes: yes
- Tipton: yes
- Bratcher S.: yes
- Fleming: yes
- King: yes
- Osborne: yes
- Truett: yes
- Bray: yes
- Freeland: yes
- Koch: yes
- Payne: yes
- Upchurch: yes
- Bridges: yes
- Fugate: yes
- Kulkarni: yes
- Petrie: yes
- Watkins: yes
- Brown: yes
- Gentry: yes
- Lawrence: yes
- Pollock: yes
- Wesley: yes
- Burke: yes
- Gooch: yes
- Lewis C: yes
- Proctor: yes
- Whitaker: yes
- Callaway: yes
- Gordon: yes
- Lewis D: yes
- Rabourn: yes
- White: yes
- Calloway: yes
- Griffee: yes
- Lewis S: yes
- Raymer: yes
- Williams: yes
- Camuel: yes
- Grossberg: yes
- Lockett: yes
- Riley: yes
- Willner: yes
- Chester-Burton: yes
- Grossl: yes
- Maddox: yes
- Roarx: yes
- Wilson: yes
- Clines: yes
- Hale: yes
- Marzian: yes
- Roberts: yes
- Witten: yes
- Decker: yes
- Hampton: yes
- Massaroni: yes
- Lehman: not voting
- Stevenson P: not voting
PASS HB 577
2026-03-31 · pass · 37-0
Member-level votes (38)
- Boswell: yes
- Givens: yes
- Neal: yes
- Storm: yes
- Carpenter: yes
- Herron: yes
- Nemes: yes
- Thomas: yes
- Carroll: yes
- Higdon: yes
- Nunn: yes
- Tichenor: yes
- ChambersArmstrong: yes
- Howell: yes
- Raque Adams: yes
- Webb: yes
- Clemons: yes
- Madon: yes
- Rawlings: yes
- West: yes
- Deneen: yes
- Mays Bledsoe: yes
- Reed: yes
- Wheeler: yes
- Douglas: yes
- McDaniel: yes
- Richardson: yes
- Williams: yes
- Elkins: yes
- Meredith: yes
- Smith: yes
- Wilson: yes
- Funke Frommeyer: yes
- Mills: yes
- Stivers: yes
- Wise: yes
- Girdler: yes
- Berg: not voting
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:24.357326Z
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