Download as PDF
154.35-010 Definitions for subchapter.
As used in this subchapter, unless the context indicates otherwise:
(1) "Beneficiary of an economic incentive package" means any entity for which any
assessment, incentive, inducement, or tax credit is issued or awarded pursuant to
KRS 154.22-010 to 154.22-070, KRS 154.24-010 to 154.24-150, KRS 154.26-015
to 154.26-100, and KRS 154.28-010 to 154.28-090;
(2) "Board" means the governance board of the Kentucky Science and Technology
Council, Inc.;
(3) "Cabinet" means the Cabinet for Economic Development;
(4) "Center" means either or both of the following as the context requires:
(a) "Basic research centers" which means centers under contract with the
University of Kentucky and the University of Louisville; and
(b) "Applied research centers" which means centers for applied research and
technologies development;
(5) "Commonwealth" means the Commonwealth of Kentucky;
(6) "Council" means the Kentucky Science and Technology Council, Inc.;
(7) "Fund" means the Kentucky Research and Development Infrastructure fund created
and established pursuant to KRS 154.35-040;
(8) "Infrastructure" means the Kentucky Research and Development Infrastructure;
(9) "Contracting university" means any of the following that contract with the council
to operate a center: the University of Kentucky, the University of Louisville, Eastern
Kentucky University, Western Kentucky University, Morehead State University,
Northern Kentucky University, Murray State University, and Kentucky State
University; and
(10) "Secretary" means the secretary of the Cabinet for Economic Development.
Effective: July 15, 1994
History: Created 1994 Ky. Acts ch. 508, sec. 48, effective July 15, 1994.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.