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

Summary

The bill lets the Kentucky Economic Development Finance Authority negotiate tax incentive agreements that give companies cash credits for each new job they create, with larger credits in higher‑need counties. It also offers a 20% credit on the value of a new headquarters facility for companies that add at least 40 jobs, payable for up to ten years. The measures aim to attract and grow businesses, especially in less‑developed areas.

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

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