AN ACT relating to the Kentucky Business Investment Program.

Summary

The bill amends KRS 154.32‑010 to clarify terms like activation date, affiliate, agribusiness, and alternative fuel production used in the state's Business Investment Program. By tightening these definitions, it seeks to ensure that tax incentives are granted only to companies and projects that truly meet the program’s goals. The changes affect any company applying for or receiving a tax incentive under the program.

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