Kentucky SB 197 — AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an emergency.

Kentucky, 2026RS. SB 197: AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an em

Plural source record ↗

Official legislative source ↗

Latest action

April 27, 2026 — delivered to Secretary of State (Acts Ch. 202)

Summary

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.

Sponsors

Sponsor details were not supplied.

Bill text

Acts Chapter 202 Read version ↗

Current/Final Read version ↗

Introduced Read version ↗

Recorded votes

Legislative history

1. April 27, 2026delivered to Secretary of State (Acts Ch. 202)
2. April 27, 2026line items vetoed
3. April 15, 2026delivered to Governor
4. April 15, 2026enrolled, signed by Speaker of the House
5. April 15, 2026enrolled, signed by President of the Senate
6. April 15, 2026passed 35-1
7. April 15, 2026Senate concurred in Committee Substitute (2) and Committee Amendment (2-title)
8. April 15, 2026posted for passage for concurrence in House Committee Substitute (2) and Committee Amendment (2-title)
9. April 15, 2026to Rules (S)
10. April 15, 2026received in Senate
11. April 15, 20263rd reading, passed 82-7 with Committee Substitute (2) and Committee Amendment (2-title)
12. April 15, 2026placed in the Orders of the Day
13. April 15, 2026taken from Rules
14. April 15, 2026reported favorably, to Rules with Committee Substitute (2) and Committee Amendment (2-title)
15. April 15, 2026recommitted to Appropriations & Revenue (H)
16. April 15, 2026taken from the Orders of the Day
17. March 27, 2026floor amendments (1) and (2) filed to Committee Substitute
18. March 27, 2026posted for passage in the Regular Orders of the Day for Tuesday, March 31 2026
19. March 27, 2026reported favorably, to Rules with Committee Substitute (1) and Committee Amendment (1-title)
20. March 26, 2026returned to Appropriations & Revenue (H)
21. March 26, 20262nd reading
22. March 26, 2026taken from Appropriations & Revenue (H)
23. March 25, 2026returned to Appropriations & Revenue (H)
24. March 25, 20261st reading
25. March 25, 2026taken from Appropriations & Revenue (H)
26. March 11, 2026to Appropriations & Revenue (H)
27. March 10, 2026to Committee on Committees (H)
28. March 10, 2026received in House
29. March 6, 20263rd reading, passed 36-0 with Committee Substitute (1), Floor Amendments (2) and (1) and Committee Amendment (1-title)
30. March 5, 2026floor amendment (2) filed to Committee Substitute
31. March 5, 2026passed over and retained in the Orders of the Day
32. March 4, 2026posted for passage in the Regular Orders of the Day for Thursday, March 05 2026
33. March 3, 2026floor amendment (1) filed to Committee Substitute
34. February 27, 20262nd reading, to Rules
35. February 26, 2026reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title)
36. February 17, 2026to Economic Development, Tourism, & Labor (S)
37. February 13, 2026to Committee on Committees (S)
38. February 13, 2026introduced in Senate

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