KY HB 708
died on adjournmentAN ACT relating to economic development.
Kentucky · 2026 Regular Session · lower
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Quick answers
Did KY HB 708 pass?
No. KY HB 708 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-03-03): to Economic Development & Workforce Investment (H)
What is KY HB 708 about?
Create a new section of Subchapter 32 of KRS Chapter 154 to establish a tiered county system for eligible companies to receive incentives under the Kentucky Business Investment Program; amends KRS 154.32-010 to define "tier"; amends KRS 154.32-020 and 154.32-040 to conform; amend KRS 154.32-050 to specify tiering procedures; amend KRS 154.32-060 to require the Kentucky Economic Development Finance Authority to identify and certify or decertify the tiers for all counties on an annual basis into 4 tax credit tiers; provide that the incentives available under this subchapter be determined based on the county where the economic development project is located by an approved company; provide a county's tier will be based on a 5 year average of its unemployment rate and population ranking; amend KRS 154.32-090, 154.61-010, 154.61-020, and 141.383 to conform.
Who sponsors KY HB 708?
J. Blanton, A. Thompson are the primary sponsors of KY HB 708.
Description
Create a new section of Subchapter 32 of KRS Chapter 154 to establish a tiered county system for eligible companies to receive incentives under the Kentucky Business Investment Program; amends KRS 154.32-010 to define "tier"; amends KRS 154.32-020 and 154.32-040 to conform; amend KRS 154.32-050 to specify tiering procedures; amend KRS 154.32-060 to require the Kentucky Economic Development Finance Authority to identify and certify or decertify the tiers for all counties on an annual basis into 4 tax credit tiers; provide that the incentives available under this subchapter be determined based on the county where the economic development project is located by an approved company; provide a county's tier will be based on a 5 year average of its unemployment rate and population ranking; amend KRS 154.32-090, 154.61-010, 154.61-020, and 141.383 to conform.
- Introduced
- 2026-02-24
- Latest action
- 2026-03-03 — to Economic Development & Workforce Investment (H)
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- J. Blantonprimary
- A. Thompsonprimary
Committees
Not provided by source.
Action timeline
Newest first
2026-03-03
to Economic Development & Workforce Investment (H)
referral-committee
2026-02-24
to Committee on Committees (H)
referral-committee
2026-02-24
introduced in House
introduction
Versions
- IntroducedCompare
Documents
Votes
Not provided by source.
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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