154.20-170 Priority consideration for certain businesses.
(1)
(2)
Industrial entities, agricultural business entities, business enterprises, or private
sector firms which are members of a business network within the meaning of KRS
154.01-010 in a targeted industrial sector as set forth in the state strategic plan for
economic development as prescribed in KRS 154.10-120, and businesses that
compose the secondary wood products industry as defined in KRS 154.47-005(10),
shall be given priority consideration under state economic development loan, grant,
and incentive programs administered by the Kentucky Economic Development
Finance Authority.
Notwithstanding the provisions of subsection (1) of this section, highest priority
consideration under state economic development loan, grant, and incentive
programs administered by the authority shall be given to those projects that are
located in counties of Kentucky which have had an average countywide rate of
unemployment of fifteen percent (15%) or greater in the most recent twelve (12)
consecutive months for which unemployment figures are available, on the basis of
the final unemployment figures calculated by the Office of Employment and
Training within the Department of Workforce Investment in the Education and
Workforce Development Cabinet.
Effective: June 25, 2009
History: Amended 2009 Ky. Acts ch. 11, sec. 36, effective June 25, 2009. -- Amended
2006 Ky. Acts ch. 211, sec. 68, effective July 12, 2006. -- Amended 2002 Ky. Acts
ch. 65, sec. 4, effective July 15, 2002. -- Amended 2001 Ky. Acts ch. 133, sec. 1,
effective June 21, 2001. -- Created 1994 Ky. Acts ch. 390, sec. 11, effective July 15,
1994.
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