AN ACT relating to public transportation, making an appropriation therefor, and declaring an emergency.

Summary

The bill sets up the Kentucky Public Transportation Development Fund, financed by state appropriations, federal money and voluntary payroll contributions from employers (capped at 0.05% of payroll). The fund will distribute money to transit agencies using a formula that includes a guaranteed base, need‑based, rural‑equity and performance components, and requires annual reporting. It also creates a non‑refundable tax credit for employers who contribute to the fund for tax years 2027‑2030.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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