There is a newer version of the Kentucky Revised Statutes
2006 Kentucky Revised Statutes - Subchapter 20 Financing of Development Generally
Kentucky Economic Development Finance Authority
- .010 Kentucky Economic Development Finance Authority -- Members -- Officers.
- .020 Authority to commit cabinet to projects -- Exceptions.
- .029 Short title for KRS 154.20-030 to 154.20-150.
- .030 Purpose of authority.
- .033 Powers of authority.
- .035 Purposes for borrowing money or issuing bonds or notes -- Sale of bonds or notes -- Terms -- Tax exemption.
- .040 Loan insurance account -- Deposits -- Money transferred.
- .045 Insurance or guarantee by authority.
- .050 Contract of insurance by authority -- Authority not an insurer.
- .060 Projects eligible for insurance by authority -- Priority given to certain projects.
- .070 Authority backing limited to projects with significant private sector financial support -- Terms and conditions determined by authority.
- .080 Agreements with lenders -- Provisions included.
- .090 Special fund to secure loan insurance account obligations.
- .100 Reclamation development fund -- Deposits.
- .105 Use of reclamation development fund.
- .110 Written approval of application by local agency.
- .120 Attorney's fees as part of judgment.
- .130 Financial interests of authority members.
- .140 Negotiations with other agencies -- Construction of authority's powers and obligations.
- .150 Project status reports by authority -- Annual overview report -- Construction activity report.
- .160 Development of criteria for productivity gains to be used in considering requests for financial assistance.
- .170 Priority consideration for certain businesses.
- .180 Business networks revolving loan fund -- Eligibility for assistance -- Administration of fund.
- .200 Definitions for KRS 154.20-200 to 154.20-216.
- .202 Authority to promulgate administrative regulations -- Requirement for approval of eligible companies and economic development projects.
- .204 Total tax refund incentive -- Application and approval of eligible company -- Transfer of designation as approved company.
- .206 Authorization of sales and use tax refund for approved company -- Administrative regulations.
- .208 Time for application and approval of eligible company as approved company.
- .210 Agreement between authority and approved company.
- .212 Company's filings under KRS 154.20-200 to 154.20-216 subject to Open Records Act.
- .214 Authority to report annually to Legislative Research Commission and Governor.
- .216 Short Title -- Kentucky Enterprise Initiative Act.
Kentucky Investment Fund
- .250 Purpose of KRS 154.20-250 to 154.20-284.
- .253 Repealed, 2002.
- .254 Definitions for KRS 154.20-250 to 154.20-284.
- .255 Tax credits available to investment fund -- Application for approval as manager -- Requirements for investment fund -- Agreement -- Total qualified investments made by fund.
- .256 Approval of investment funds and managers -- Application -- Documents -- Powers of authority -- Purpose of investment fund -- Criteria for approval -- Disclosure form -- Operation of multiple funds -- Loss of unused credits -- Confidentiality -- Standards.
- .257 Repealed, 2002.
- .258 Investor entitled to credit -- Amount -- Carry-forward -- Liabilities -- Transferability -- Notification of Department of Revenue -- Additional credits -- Maximum credits.
- .259 Repealed, 2002.
- .260 Claim of credit on tax return -- Confidentiality.
- .261 Repealed, 2002.
- .262 Penalties and interest -- Liability of investors -- Powers and duties of Department of Revenue.
- .263 Repealed, 2002.
- .264 Annual report by investment fund manager -- Status report by authority -- Confidentiality -- Fee.
- .265 Investment fund approved before July 1, 2002.
- .267 Repealed, 2002.
- .269 Repealed, 2002.
- .271 Repealed, 2002.
- .273 Repealed, 2002.
- .277 Annual audit of investment funds by certified public accountant -- Examination of investment funds by authority and Department of Revenue -- Other audits -- Department's powers of enforcement -- Notice of noncompliance -- Examination, investigative, and enforcement powers of securities regulatory organizations.
- .279 Limitation of liability for the Commonwealth and its agents.
- .281 Dissolution or liquidation of investment fund.
- .283 Prohibition against certain qualified investments and financial interests -- Investment fund manager's limitations on holding management positions in small businesses in which investment fund has invested.
- .284 Short title for KRS 154.20-250 to 154.20-284.
- .285 Investment in single knowledge-based entity -- Investment by local governments -- Transfer of tax credits.
Commonwealth Venture Fund
- .300 Repealed, 1998.
- .305 Repealed, 1998.
- .310 Repealed, 1998.
- .320 Repealed, 1998.
- .330 Repealed, 1998.
- .340 Repealed, 1998.
- .350 Repealed, 1998.
- .360 Repealed, 1998.
- .370 Repealed, 1998.
- .380 Repealed, 1998.
- .390 Repealed, 1998.
Interim and Supplemental Financing
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