CHAPTER 198 1
CHAPTER 198
( HB 869 )
AN ACT relating to fiscal matters and declaring an emergency.
Be it enacted by the General Assembly of the Commonwealth of Kentucky:
SECTION 1. A NEW SECTION OF KRS CHAPTER 141 IS CREATED TO READ AS FOLLOWS:
(1) As used in this section:
(a) "Approved company" has the same meaning as in Section 13 of this Act;
(b) "Authority" has the same meaning as in Section 13 of this Act; and
(c) "Credit" means the economic development credit provided to an approved company by the authority