Kentucky Disclosure Regimes

State Year of Disclosure Law Specific Subsidy Program Affected by Law
(*Means Update to Earlier Law)		 Disclosure Law State Statute Excerpt Subsidies in Sample? (Y/N) Internal Disclosure? (Y/N) External Disclosure? (Y/N)
Kentucky 1988 Commonwealth Venture Fund Enact. Acts 1988, ch. 123, § 10, effective July 15, 1988. KRS § 155.490 (1) The reporting requirements from the managing firm to the panel, authorized in KRS 155.430(7), shall include but not be limited to an annual report showing:
(a) The name, address and amount of investment of each Kentucky taxpayer making a qualified investment in the Commonwealth venture fund; and
(b) The name, address, amount and terms of financing, and job creation anticipated and achieved of each business in which the fund invests.
(2) Pursuant to the exclusion provided for in KRS 61.878, the contents of the annual report from the managing firm to the panel described in subsection (1) of this section shall not be considered a public record.
(3) By February 1 of each year, the panel shall make an annual report on the Commonwealth venture fund to the governor and the legislative research commission. The annual report shall include but not be limited to the following data:
(a) The total number of investors and the amount invested in the fund, broken out and categorized by type of taxpayer, by size of investment and by geographical distribution including by area development districts; and

(b) The total number of investments and amount invested by the fund, broken out and categorized by type of businesses, size of investment, job creation anticipated and achieved, and by geographical distribution including by area development districts.
 N N Y
Kentucky 1992 Economic Development Bonds* Acts 1992, ch. 105, § 29, effective July 14, 1992 1992 KRS § 154.12-100 The secretary of the Cabinet for Economic Development shall provide semiannual reports to the Interim Joint Committee on Agriculture and Natural Resources on the programs carried out by the cabinet to promote market development for recycled products. In the semiannual reports, the secretary shall cite specific recycling-related projects and investments made under the economic development bond program and other programs within the cabinet's jurisdiction. N N Y
Kentucky 1992 Enterprise Zones 1992 Ky. HB 66 KRS § 154.45-070 Report to the General Assembly no later than October 1 annually regarding:
(a) The authority's method of monitoring the Enterprise Zone Program;
(b) Information on the fiscal impact of enterprise zone tax exemptions on state revenues;
(c) The authority's method of reviewing local incentives;
(d) Information on the number of qualified businesses per zone;
(e) Information on the number of requests for amendments to zone boundaries and the number of amendments granted and denied; and
(f) Recommendations requiring state legislative action;
(4) Revoke designation of an area as an enterprise zone pursuant to the provisions of KRS 154.45-050.
(5) Prohibit the certification of businesses in an enterprise zone if the local government has been notified in writing by the authority of the authority's intent to revoke the local government's designation as an enterprise zone. The prohibition of certification of businesses shall continue until the authority officially revokes the local government's enterprise zone designation, or notifies the local government in writing that the problems cited by the authority have been corrected and the enterprise zone designation shall not be revoked;
(6) Offer technical assistance and job training assistance to local governments, qualified businesses, and neighborhood enterprise association corporations; and
(6) Offer technical assistance and job training assistance to local governments, qualified businesses, and neighborhood enterprise association corporations; and
(7) Aggressively review local incentives and commitments on an annual basis.		 N N Y
Kentucky 1992 Local Government Economic Assistance Program 1992 Ky. SB 205 KRS § 42.4588 BY OCTOBER 1 OF EACH ODD-NUMBERED YEAR, THE SECRETARY OF THE CABINET FOR ECONOMIC DEVELOPMENT SHALL PROVIDE, IN WRITING, TO THE GOVERNOR AND THE LEGISLATIVE RESEARCH COMMISSION A LISTING OF ALL APPLICATIONS FOR GRANTS RECEIVED PURSUANT TO THIS SECTION SUBSEQUENT TO THE LAST REPORT, INDICATING WHICH APPLICATIONS WERE APPROVED OR DISAPPROVED, WITH THE REASON FOR DISAPPROVAL WHEN THE DECISION WAS TO DISAPPROVE, AND A LISTING OF ALL GRANTS AWARDED, WITH THE AMOUNT OF THE AWARD, THE RECIPIENT COUNTY, AND THE RELATED INDUSTRIAL DEVELOPMENT PROJECT. N N Y
Kentucky 1996 Economic Development Bonds* Enact. Acts 1988, ch. 145, § 2, effective July 15, 1988; 1990, ch. 195, § 1, effective July 13, 1990; 1990, ch. 267, § 1, effective July 13, 1990; 1991 (Ex. Sess.), ch. 12, § 51, effective February 26, 1991. KRS § 154.12-100 [A> (7) <A] [D> (8) <D] The Cabinet for Economic Development shall submit an annual report to the Capital Projects and Bond Oversight Committee showing the [A> ECONOMIC DEVELOPMENT <A] bonds issued [A> DURING THE PREVIOUS FISCAL YEAR <A] [D> , <D] [A>AND <A] the amounts paid back [D> , <D] and the balance still owing [A> WITH RESPECT TO LOANS MADE BY THE CABINET FOR ECONOMIC DEVELOPMENT WITH PROCEEDS OF ECONOMIC DEVELOPMENT BONDS DURING THE PREVIOUS FIVE (5) FISCAL YEARS <A] .
[D> (9) The secretary of the Cabinet for Economic Development shall provide semiannual reports to the Interim Joint Committee on Agriculture and Natural Resources on the programs carried out by the cabinet to promote market development for recycled products. In the semiannual reports, the secretary shall cite specific recycling-related projects and investments made under the economic development bond program and other programs within the cabinet's jurisdiction. <D]		 N N Y
Kentucky 1996 Linked Deposit Investment Program 1996 Ky. HB 872 (4) THERE IS HEREBY CREATED A "LINKED DEPOSIT INVESTMENT PROGRAM" IN THE CABINET FOR ECONOMIC DEVELOPMENT WHOSE PURPOSE IS TO MONITOR LINK DEPOSIT LOANS FOR ELIGIBLE SMALL BUSINESSES THROUGH APPROVED STATE FINANCIAL INSTITUTIONS IN ACCORDANCE WITH ADMINISTRATIVE REGULATIONS PROMULGATED PURSUANT TO SUBSECTION (7) OF THIS SECTION. <A]
[A> (5) THE STATE INVESTMENT COMMISSION MAY ACCEPT OR REJECT A LINKED INVESTMENT, OR ANY PORTION THEREOF, WITH THE ELIGIBLE LENDING INSTITUTION. IF IT IS DETERMINED BY THE DEPARTMENT OF AGRICULTURE OR THE CABINET FOR ECONOMIC DEVELOPMENT THAT THE LENDING INSTITUTION HAS VIOLATED STANDARDS OF THE LOW INTEREST LOAN PROGRAM, THE COMMISSION SHALL REJECT THE LINKED INVESTMENT. <A]
[A> (6) THE STATE INVESTMENT COMMISSION, THE DEPARTMENT OF AGRICULTURE, AND THE CABINET FOR ECONOMIC DEVELOPMENT, SHALL ANNUALLY, BY OCTOBER 1 FOR THE PRECEDING STATE FISCAL YEAR, MAKE A REPORT ON THE LINKED DEPOSIT INVESTMENT PROGRAM TO THE GOVERNOR AND TO THE LEADERSHIP OF THE GENERAL ASSEMBLY WHO SHALL, IN TURN, TRANSMIT IT TO THE APPROPRIATE LEGISLATIVE COMMITTEES FOR CONSIDERATION. THE REPORT SHALL INCLUDE INFORMATION REGARDING THE NATURE, TERMS, AND AMOUNTS OF THE LOANS UPON WHICH THE LINKED INVESTMENTS WERE BASED, AND THE ELIGIBLE SMALL BUSINESSES AND AGRIBUSINESSES WHO RECEIVED THE LOANS. IN ORDER TO COMPLY WITH THESE PROVISIONS, PARTICIPATING INSTITUTIONS SHALL SUPPLY INFORMATION AS REQUIRED BY ADMINISTRATIVE REGULATION. <A]		 N N Y
Kentucky 1996 Kentucky Investment Capital Network 1996 Ky. HB 768 KRS § 154.12-2333 THE KENTUCKY INVESTMENT CAPITAL NETWORK SHALL SUBMIT AN ANNUAL REPORT TO THE GOVERNOR AND THE GENERAL ASSEMBLY DETAILING ITS WORK, INCLUDING, BUT NOT LIMITED TO, THE TOTAL NUMBER OF ENTREPRENEURS AND INVESTORS REGISTERED, THE NUMBER OF NEW ENTREPRENEUR AND INVESTOR REGISTRANTS FOR THE YEAR, THE NUMBER OF SUCCESSFUL MATCHES DURING THE YEAR, AND THE AMOUNT OF START-UP AND EARLY-STAGE FINANCING MADE AVAILABLE TO ENTREPRENEURS DURING THE YEAR. N N Y
Kentucky 1998 Job Development Incentive Grant 1998 Ky. HB 382 KRS 42.4588 By October 1 of each odd-numbered year, the secretary of the Cabinet for Economic Development shall provide, in writing, to the Governor and the Legislative Research Commission a listing of all applications for grants received pursuant to this section subsequent to the last report, indicating which applications were approved or disapproved, with the reason for disapproval when the decision was to disapprove, and a listing of all grants awarded, with the amount of the award, the recipient county, and the related industrial development project. N N Y
Kentucky 1998 Kentucky Investment Fund 1998 Ky. HB 206 Later KRS § 154.20-264. Unsure what original section was. (1) EACH INVESTMENT FUND MANAGER SHALL FILE SEMIANNUAL REPORTS WITH THE SECRETARY OF THE REVENUE CABINET AND WITH THE AUTHORITY, ON OR BEFORE THE SIXTIETH DAY, AND THE TWO-HUNDRED-FORTIETH DAY, OF EACH FISCAL YEAR OF THE INVESTMENT FUND. THESE REPORTS SHALL INCLUDE INFORMATION THAT THE AUTHORITY PRESCRIBES FROM TIME TO TIME, INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING: <A]
[A> (A) FOR EACH SMALL BUSINESS IN WHICH QUALIFIED INVESTMENTS ARE MADE BY THE INVESTMENT FUND DURING THE REPORTINGPERIOD, THE NAME AND ADDRESS OF THE SMALL BUSINESS, THE AMOUNT OF QUALIFIED INVESTMENTS MADE BY THE INVESTMENT FUND IN THE SMALL BUSINESS DURING THE REPORTING PERIOD, AND THE JOB CREATION ANTICIPATED AND ACHIEVED BY THE SMALL BUSINESS DURING THE REPORTING PERIOD; <A]
[A> (B) AN AFFIDAVIT FROM EACH SMALL BUSINESS IN WHICH A QUALIFIED INVESTMENT WAS MADE DURING THE REPORTING PERIOD, PREPARED BY ANY AUTHORIZED OFFICER, PARTNER, TRUSTEE, MEMBER, OR MANAGER OF THE SMALL BUSINESS, WHICH SETS FORTH: <A]
[A> 1. THAT THE SMALL BUSINESS QUALIFIES AS A SMALL BUSINESS UNDER SECTIONS 1 TO 15 OF THIS ACT; AND <A]
[A> 2. A BRIEF DESCRIPTION OF THE ACTIVITIES OF THE SMALL BUSINESS; <A]
[A> (C) AN AFFIDAVIT PREPARED BY THE INVESTMENT FUND MANAGER OR, IF THE INVESTMENT FUND IS AN ENTITY, BY AN AUTHORIZED OFFICER, PARTNER, TRUSTEE, MEMBER, OR MANAGER OF THE INVESTMENT FUND MANAGER PERTAINING TO: <A]
[A> 1. EACH SMALL BUSINESS IN WHICH A QUALIFIED INVESTMENT HAS BEEN MADE, INCLUDING, WITHOUT LIMITATION, QUALIFIED INVESTMENTS MADE PRIOR TO THE REPORTING PERIOD, THAT SETS FORTH: <A]
[A> A. THAT EACH SMALL BUSINESS IS OR CONTINUES TO BE, AS APPLICABLE, ACTIVELY AND PRINCIPALLY ENGAGED IN A QUALIFIED ACTIVITY; AND <A]
[A> B. THAT EACH SMALL BUSINESS QUALIFIES AS A SMALL BUSINESS UNDER THE PROVISIONS OF SECTIONS 1 TO 15 OF THIS ACT; <A]
[A> 2. THE AMOUNT OF EACH DISTRIBUTION TO AN INVESTOR AND REDEMPTION OF CASH CONTRIBUTIONS MADE BY THE INVESTMENT FUND DURING THE REPORTING PERIOD AND IN THE AGGREGATE SINCE THE DATE OF CERTIFICATION OF THE INVESTMENT FUND; <A]SINESS UNDER THE PROVISIONS OF SECTIONS 1 TO 15 OF THIS ACT; <A]
[A> 3. THE NAME AND ADDRESS OF EACH INVESTOR, AND THE AMOUNT AND DATE OF THE CASH CONTRIBUTION TO THE INVESTMENT FUND OF EACH INVESTOR WHO IS ENTITLED TO THE CREDIT; AND <A]
[A> 4. THE CONTINUED COMPLIANCE BY THE INVESTMENT FUND AND THE INVESTMENT FUND MANAGER WITH ALL APPLICABLE STATE AND FEDERAL SECURITIES LAWS AND REGULATIONS; AND <A]
[A> (D) A STATEMENT FROM THE INVESTMENT FUND MANAGER AS TO THE SECURITIES EXEMPTION OR REGISTRATION PROVISION RELIED UPON BY THE SMALL BUSINESS WITH RESPECT TO THE QUALIFIED INVESTMENT BY THE INVESTMENT FUND IN THE SMALL BUSINESS. <A]
[A> (2) THE AUTHORITY SHALL PROVIDE QUARTERLY WRITTEN STATUS REPORTS TO THE STANDING APPROPRIATIONS AND REVENUE COMMITTEE OF EACH HOUSE OR TO THE INTERIM JOINT COMMITTEE ON APPROPRIATIONS AND REVENUE, AS APPROPRIATE CONCERNING THE ACTIVITIES OF THE KENTUCKY INVESTMENT FUND FOR EACH THREE (3) MONTH PERIOD BEGINNING JULY 1, 1999. ON OR BEFORE NOVEMBER 1 OF EACH YEAR, THE AUTHORITY SHALL MAKE AN ANNUAL REPORT FOR THE FISCAL YEAR ENDING THE PRECEDING JUNE 30 TO THE GOVERNOR AND THE LEGISLATIVE RESEARCH COMMISSION. THE QUARTERLY STATUS REPORT AND THE ANNUAL REPORT SHALL INCLUDE, BUT NOT BE LIMITED TO, THE FOLLOWING INFORMATION: <A]
[A> (A) THE TOTAL NUMBER OF INVESTORS AND THE AGGREGATE AMOUNT OF CASH CONTRIBUTIONS TO ALL INVESTMENT FUNDS, CATEGORIZED BY THE TYPES OF ENTITIES THROUGH WHICH INVESTORS CONDUCT BUSINESS, AMOUNTS OF CASH CONTRIBUTIONS, AND GEOGRAPHICAL DISTRIBUTION OF INVESTORS, INCLUDING AREA DEVELOPMENT DISTRICTS; AND <A]
[A> (B) THE TOTAL NUMBER AND AMOUNTS OF QUALIFIED INVESTMENTS MADE BY EACH INVESTMENT FUND, CATEGORIZED BY TYPE OF BUSINESSES, AMOUNT OF INVESTMENT, JOB CREATION ANTICIPATED AND ACHIEVED, GEOGRAPHICAL DISTRIBUTION, INCLUDING AREA DEVELOPMENT DISTRICTS, AND NEW PRODUCTS AND TECHNOLOGIES DEVELOPED. <A]
[A> (3) THE CONTENTS OF THE SEMIANNUAL REPORTS FROM INVESTMENT FUND MANAGERS TO THE AUTHORITY DESCRIBED IN SUBSECTION (1) OF THIS SECTION SHALL BE TREATED BY THE AUTHORITY AS CONFIDENTIAL, AND SHALL NOT BE CONSIDERED A PUBLIC RECORD UNDER THE KENTUCKY OPEN RECORDS ACT, KRS 61.870 TO 61.884. <A]
[A> (4) THE AUTHORITY MAY CHARGE A FEE IN CONNECTION WITH THE ADMINISTRATION AND PROCESSING OF SEMIANNUAL REPORTSMADE BY INVESTMENT FUND MANAGERS. <A]		 N N Y
Kentucky 2000 Kentucky Economic Opportunity Zone 2000 KY SB 225 KRS § 154.23-050 Related to opportunity zones, internal reporting of the amount of benfits granted, but nothing about economic development/investment/jobs created:
"THE REVENUE CABINET OF THE COMMONWEALTH SHALL INITIATE CONTACT AND FULLY COOPERATE WITH THE AUTHORITY IN THE COLLECTION OF INFORMATION TO DETERMINE THE FISCAL IMPACT OF QUALIFIED ZONE INDUCEMENTS ON STATE REVENUES. THE REVENUE CABINET SHALL CERTIFY TO THE AUTHORITY, IN THE FORM OF AN ANNUAL REPORT, AGGREGATE INCOME TAX CREDITS AND ASSESSMENTS TAKEN BY APPROVED COMPANIES WITH RESPECT TO THEIR ECONOMIC DEVELOPMENT PROJECTS UNDER SECTIONS 1 TO 16 OF THIS ACT, AND CERTIFY TO THE AUTHORITY WHEN AN APPROVED COMPANY HAS TAKEN INCOME TAX CREDITS AND ASSESSMENTS EQUAL TO ITS TOTAL INDUCEMENTS. THE REVENUE CABINET SHALL CERTIFY TO THE AUTHORITY, UPON WRITTEN REQUEST OF THE AUTHORITY, THE AGGREGATE INCOME TAX CREDITS AND ASSESSMENTS TAKEN BY AN APPROVED COMPANY WITH RESPECT TO ITS ECONOMIC DEVELOPMENT PROJECT UNDER SECTIONS 1 TO 16 OF THIS ACT. "		 N N Y
Kentucky 2002 Kentucky Investment Fund* 2002 Ky HB 525 KRS § 154.20-264 Related to a new Kentucky Innovation and Commercialization Center program that allows tax credits to investors in funds for innovation-related startups, requires internal reporting:
(1) EACH INVESTMENT FUND MANAGER SHALL FILE AN ANNUAL REPORT WITH THE SECRETARY OF THE REVENUE CABINET AND WITH THE AUTHORITY, ON OR BEFORE FEBRUARY 15 OF EACH YEAR DURING WHICH IT MANAGES AN INVESTMENT FUND. THIS REPORT SHALL INCLUDE INFORMATION THAT THE AUTHORITY PRESCRIBES FROM TIME TO TIME, INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING: <A]

[A> (A) FOR EACH SMALL BUSINESS IN WHICH QUALIFIED INVESTMENTS ARE MADE BY THE INVESTMENT FUND DURING THE REPORTING PERIOD, THE NAME AND ADDRESS OF THE SMALL BUSINESS, THE AMOUNT OF QUALIFIED INVESTMENTS MADE BY THE INVESTMENT FUND, THE JOB CREATION ANTICIPATED AND ACHIEVED BY THE SMALL BUSINESS, AND NEW PRODUCTS AND TECHNOLOGIES BEING DEVELOPED BY THE SMALL BUSINESS; <A]

[A> (B) AN AFFIDAVIT PREPARED BY THE INVESTMENT FUND MANAGER OR, IF THE INVESTMENT FUND IS AN ENTITY, BY AN AUTHORIZED OFFICER, PARTNER, TRUSTEE, MEMBER, OR MANAGER OF THE INVESTMENT FUND MANAGEMENT FIRM THAT STATES: <A]

[A> 1. AT THE TIME OF EACH QUALIFIED INVESTMENT, EACH SMALL BUSINESS QUALIFIES AS A SMALL BUSINESS UNDER THE PROVISIONS OF KRS 154.20-250 TO 154.20-284; <A]

[A> 2. THE NAME AND ADDRESS OF EACH INVESTOR, AND THE AMOUNT OF CASH CONTRIBUTION TO THE INVESTMENT FUND OF EACH INVESTOR WHO IS ENTITLED TO THE CREDITS; AND <A]

[A> 3. THE CONTINUED COMPLIANCE BY THE INVESTMENT FUND AND THE INVESTMENT FUND MANAGER WITH ALL APPLICABLE STATE AND FEDERAL SECURITIES LAWS AND REGULATIONS. <A]

[A> (2) THE AUTHORITY SHALL PROVIDE AN ANNUAL WRITTEN STATUS REPORT TO THE STANDING APPROPRIATIONS AND REVENUE COMMITTEE OF EACH HOUSE OR TO THE INTERIM JOINT COMMITTEE ON APPROPRIATIONS AND REVENUE, AS APPROPRIATE, CONCERNING THE ACTIVITIES OF THE KENTUCKY INVESTMENT FUND FOR EACH FISCAL YEAR BEGINNING WITH THE FISCAL YEAR ENDED JULY 30, 2003. ON OR BEFORE NOVEMBER 1 OF EACH YEAR, THE AUTHORITY SHALL MAKE AN ANNUAL REPORT FOR THE PRECEDING FISCAL YEAR TO THE GOVERNOR, THE LEGISLATIVE RESEARCH COMMISSION, AND THE KENTUCKY INNOVATION COMMISSION. THE ANNUAL REPORT SHALL INCLUDE, BUT NOT BE LIMITED TO, THE FOLLOWING INFORMATION: <A]

[A> (A) THE TOTAL NUMBER OF INVESTORS AND THE AGGREGATE AMOUNT OF COMMITTED CASH CONTRIBUTIONS TO ALL INVESTMENT FUNDS, CATEGORIZED BY THE TYPES OF BUSINESS ENTITIES THROUGH WHICH INVESTORS CONDUCT BUSINESS AND THE GEOGRAPHICAL DISTRIBUTION OF INVESTORS, INCLUDING THE AREA DEVELOPMENT DISTRICTS; <A]

[A> (B) THE TOTAL NUMBER AND AMOUNTS OF QUALIFIED INVESTMENTS MADE BY EACH INVESTMENT FUND TO QUALIFIED SMALL BUSINESSES, CATEGORIZED BY TYPE OF BUSINESSES, AMOUNT OF INVESTMENT, JOB CREATION ANTICIPATED AND ACHIEVED, GEOGRAPHICAL DISTRIBUTION, INCLUDING AREA DEVELOPMENT DISTRICTS, AND NEW PRODUCTS AND TECHNOLOGIES DEVELOPED; AND <A]

[A> (C) THE TOTAL AMOUNT OF CREDITS GRANTED TO INVESTORS. <A]

[A> (3) THE CONTENTS OF THE ANNUAL REPORTS FROM INVESTMENT FUND MANAGERS TO THE AUTHORITY DESCRIBED IN SUBSECTION (1) OF THIS SECTION SHALL BE TREATED BY THE AUTHORITY AS CONFIDENTIAL, AND SHALL NOT BE CONSIDERED A PUBLIC RECORD UNDER THE KENTUCKY OPEN RECORDS ACT, KRS 61.870 TO 61.884.		 N N Y
Kentucky 2005 Kentucky Enterprise Initiative 2005 Ky HB 272 Related to the Kentucky Enterprise Initiative, allowing sales and use tax credits/abatements for "ECONOMIC DEVELOPMENT PROJECT" OR "PROJECT" MEANS A NEW OR EXPANDED SERVICE OR TECHNOLOGY, MANUFACTURING, OR TOURISM ATTRACTION ACTIVITY, CONDUCTED BY THE APPROVED COMPANY AT A SPECIFIC SITE IN THE COMMONWEALTH, INCLUDING THE ACQUISITION OF REAL PROPERTY BY AN APPROVED COMPANY AND THE CONSTRUCTION, INSTALLATION, AND REHABILITATION OF FIXTURES, AND FACILITIES, NECESSARY OR DESIRABLE FOR IMPROVEMENT OF REAL ESTATE OWNED, USED, OR OCCUPIED BY THE APPROVED COMPANY, EXCLUDING THE COST OF LABOR. THE MINIMUM INVESTMENT FOR AN ECONOMIC DEVELOPMENT PROJECT LOCATED IN A PREFERENCE ZONE SHALL BE ONE HUNDRED THOUSAND DOLLARS ($ 100,000) AND FOR A PROJECT NOT LOCATED IN A PREFERENCE ZONE, FIVE HUNDRED THOUSAND DOLLARS ($ 500,000)."
"THE AUTHORITY SHALL ANNUALLY SUBMIT A COMPLETE AND DETAILED REPORT OF THE USE OF THE INCENTIVES AND PARTICIPATION OF APPROVED COMPANIES UNDER SECTIONS 36 TO 44 OF THIS ACT WITHIN ONE HUNDRED TWENTY (120) DAYS AFTER THE END OF EACH FISCAL YEAR TO THE LEGISLATIVE RESEARCH COMMISSION AND TO THE GOVERNOR"		 N N Y
Kentucky 2007 Incentives for Energy Independence 2007 Ky HB 1 KRS § 154.27-050 Incentives for Energy Independence:
"ON OR BEFORE DECEMBER 1, 2008, AND EVERY DECEMBER 1 THEREAFTER, THE AUTHORITY AND THE DEPARTMENT SHALL JOINTLY PREPARE A REPORT FOR THE LEGISLATIVE RESEARCH COMMISSION. THE REPORT SHALL INCLUDE A LIST OF ALL COMPANIES WITH WHICH TAX INCENTIVE AGREEMENTS HAVE BEEN ENTERED INTO AND A SUMMARY OF THE TERMS OF EACH AGREEMENT, INCLUDING THE TYPE OF FACILITY APPROVED, PRODUCT TO BE PRODUCED, ESTIMATED OUTPUT UPON COMPLETION, REQUIRED MINIMUM CAPITAL INVESTMENT AND MAXIMUM RECOVERY, INCENTIVES APPROVED BY TYPE OF TAX AND AMOUNT, ACTIVATION DATE, AND TERMINATION DATE. "		 N N Y
Kentucky 2007 Tax Increment Financing 2007 Ky HB 549 KRS § 65.7069 Related to newly created Local Development Areas:
"ON OR BEFORE FEBRUARY 15, 2008, AND EACH YEAR THEREAFTER, THE COMMISSION SHALL PROVIDE THE GOVERNOR AND THE LEGISLATIVE RESEARCH COMMISSION WITH AN ANNUAL REPORT, WHICH SHALL INCLUDE, BUT SHALL NOT BE LIMITED TO THE FOLLOWING FOR THE PRIOR CALENDAR YEAR: <A]

[A> (A) A LIST OF APPLICATIONS CONSIDERED BY THE COMMISSION DURING THE PRIOR CALENDAR YEAR, INCLUDING THE NAME OF THE APPLICANT, A DESCRIPTION OF THE PROJECT, THE LOCAL TAX REVENUES OR OTHER REVENUES PLEDGED, THE LEVEL OF PARTICIPATION REQUESTED FROM THE COMMONWEALTH, AND WHETHER THE APPLICATION WAS APPROVED; AND <A]

[A> (B) FOR EACH APPROVED APPLICATION, THE REPORT SHALL INCLUDE: <A]

[A> 1. THE TOTAL COMMITMENT MADE BY THE COMMONWEALTH, DETAILED BY TYPE OF TAX AND ESTIMATED INCREMENTAL REVENUES PLEDGED FOR EACH TAX; <A]

[A> 2. THE LENGTH OF THE COMMITMENT; AND <A]

[A> 3. THE PORTION OF THE DEVELOPMENT AREA INCLUDED IN THE PROJECT. "		 N N Y
Kentucky 2009 Enterprise Zones* Unable to find KRS § 154.45-110 N
Kentucky 2009 Tourism Attraction and Development Projects 2009 Ky. HB 3A KRS § 148.8591 BY OCTOBER 1, 2010, AND ON OR BEFORE OCTOBER 1 OF EACH YEAR THEREAFTER, THE AUTHORITY SHALL FILE AN ANNUAL REPORT WITH THE LEGISLATIVE RESEARCH COMMISSION. THE REPORT SHALL ALSO BE AVAILABLE ON THE TOURISM, ARTS AND HERITAGE CABINET’S WEB SITE.
(2) THE REPORT SHALL INCLUDE INFORMATION FOR ALL PROJECTS APPROVED AFTER THE EFFECTIVE DATE OF THIS ACT.
(3) THE REPORT SHALL INCLUDE THE FOLLOWING INFORMATION:
(A) FOR EACH APPROVED PROJECT:
1. THE NAME OF THE APPROVED COMPANY AND A BRIEF DESCRIPTION OF THE PROJECT;
2. THE AMOUNT OF APPROVED COSTS INCLUDED IN THE AGREEMENT;
3. THE MAXIMUM AMOUNT OF INCENTIVES THE APPROVED COMPANY MAY RECOVER OVER THE TERM OF THE AGREEMENT;
4. THE TERM OF THE AGREEMENT; AND
5. THE TOTAL AMOUNT RECOVERED UNDER THE AGREEMENT, REPORTED FOR BOTH THE PRIOR FISCAL YEAR AND CUMULATIVELY;
(B) THE NUMBER OF APPLICATIONS FOR PROJECTS SUBMITTED DURING THE PRIOR FISCAL YEAR;
(C) THE NUMBER OF PROJECTS FINALLY APPROVED DURING THE PRIOR FISCAL YEAR; AND
(D) THE TOTAL DOLLAR AMOUNT APPROVED FOR RECOVERY FOR ALL PROJECTS APPROVED DURING THE PRIOR FISCAL YEAR, AND CUMULATIVELY UNDER THE TOURISM DEVELOPMENT ACT SINCE ITS INCEPTION, BY YEAR OF APPROVAL.
(4) THE INFORMATION REQUIRED TO BE REPORTED UNDER THIS SECTION SHALL NOT BE CONSIDERED CONFIDENTIAL TAXPAYER INFORMATION AND SHALL NOT BE SUBJECT TO KRS CHAPTER 131 OR ANY OTHER PROVISION OF THE KENTUCKY REVISED STATUTES PROHIBITING DISCLOSURE OR REPORTING OF INFORMATION.		 N Y N
Kentucky 2009 Kentucky Business Investment Program 2009 Ky. HB 3A KRS § 154.32-030 AFTER PRELIMINARY APPROVAL BUT BEFORE FINAL APPROVAL, THE AUTHORITY SHALL POST THE PRELIMINARILY APPROVED COMPANY’S NAME, THE LOCATION OF THE ECONOMIC DEVELOPMENT PROJECT, AND THE INCENTIVES THAT HAVE BEEN PRELIMINARILY APPROVED ON THE CABINET FOR ECONOMIC DEVELOPMENT’S WEB SITE; N Y N
Kentucky 2009 Film Production Industry Incentives 2009 Ky. HB 3A 2009 KRS § 148.546 BY OCTOBER 1, 2010, AND ON OR BEFORE OCTOBER 1 OF EACH YEAR THEREAFTER, THE AUTHORITY SHALL FILE AN ANNUAL REPORT WITH THE LEGISLATIVE RESEARCH COMMISSION. THE REPORT SHALL ALSO BE AVAILABLE ON THE TOURISM, ARTS AND HERITAGE CABINET’S WEB SITE.
(B) THE REPORT SHALL INCLUDE INFORMATION FOR ALL MOTION PICTURE OR ENTERTAINMENT PRODUCTION PROJECTS APPROVED.
(C) THE REPORT SHALL INCLUDE THE FOLLOWING INFORMATION:
1. FOR EACH APPROVED MOTION PICTURE OR ENTERTAINMENT PRODUCTION PROJECT:
A. THE NAME OF THE APPROVED COMPANY AND A BRIEF DESCRIPTION OF THE PROJECT;
B. THE AMOUNT OF APPROVED COSTS INCLUDED IN THE AGREEMENT; AND
C. THE TOTAL AMOUNT RECOVERED UNDER THE TAX INCENTIVE AGREEMENT;
2. THE NUMBER OF APPLICATIONS FOR PROJECTS SUBMITTED DURING THE PRIOR FISCAL YEAR;
3. THE NUMBER OF PROJECTS FINALLY APPROVED DURING THE PRIOR FISCAL YEAR; AND
4. THE TOTAL DOLLAR AMOUNT APPROVED FOR RECOVERY FOR ALL PROJECTS APPROVED DURING THE PRIOR FISCAL YEAR, AND CUMULATIVELY UNDER SECTIONS 43 TO 45 AND 47 OF THIS ACT SINCE ITS INCEPTION, BY YEAR OF APPROVAL.
Enacted June 26, 2009; effective September 1, 2009.		 N Y N
Kentucky 2013 Not specific to any program but could impact any program administered by a "special purpose governmental entity" 2013 Ky. HB 1 KRS § 65A.020 In response to a negative report about non-transparent special purpose governmental entities, this act establishments new information reporting and disclosure requirements of those entities, including name, address, contact, budget, and "a listing of all taxes, fees or charges imposed and collected by the entity". Reported information is to be made publicly available via a new, searchable, online portal established by the bill. Enacted March 21, 2013.

"(a) Beginning October 1, 2014, all information submitted by special purpose governmental entities under this section shall be publicly available through the registry. The registry shall be updated at least monthly, but may be updated more frequently at the discretion of the DLG. The registry shall include a notation indicating the date of the most recent update.
(b) The registry shall be in a searchable format and shall, at a minimum, allow a search by county, by special purpose governmental entity name, and by type of entity.
(c) To the extent possible, the registry shall be linked to or accessed through the Web site established pursuant to KRS 42.032 to provide public access to expenditure records of the executive branch of state government."
Enacted March 21, 2013.		 N Y N
Kentucky 2014 Kentucky Investment Capital Network* 2014 Ky. HB 296 KRS 154.12-2333 The following KRS sections are repealed: 154.12-2333 Kentucky Investment Capital Network. N
Kentucky 2014 Bluegrass State Skills Corporation, Grants-in-Aid and Skills Training Investment Credit; Kentucky Business Investment Program; Kentucky Enterprise Initiative Act; Department of Commercialization and Innovation programs; Incentives for Energy Independence Act; Kentucky Economic Development Finance Authority small business and direct loan programs; Kentucky Environmental Stewardship Act; Kentucky Industrial Revitalization Act; Kentucky Reinvestment Act; Small Business Investment Credit; Economic Development Bonds; Kentucky Industrial Development Act; Kentucky Jobs Development Act; Kentucky Jobs Retention Act; and the Kentucky Rural Economic Development Act plus the Kentucky Investment Fund Act, the Tourism Development Act, Film Production Industry Incentives, Tax Increment Financing, and state participation projects.* 2014 Ky. HB 17 KRS § 154.12-2035 The cabinet shall maintain a searchable electronic database on its Web site containing information on the cost and status of the programs listed in subsection (3)(a) of this section. The database shall include all projects approved at any time in the last five (5) years and shall include for each, where applicable, the following information:
(a) The name of the program, the recipient or participant, the type of project, and its location by county;
(b) Total and approved costs of the project or investment, and the amount of incentives or other benefits authorized;
(c) For the Kentucky Business Investment Program and the Kentucky Enterprise Initiative Act, the amount of incentives or other benefits actually recovered as self-reported by the recipient;
(d) The number of new jobs estimated and for the Kentucky Business Investment Program and the Kentucky Enterprise Initiative Act, actually created, along with wage information for those jobs;
(e) Project status and the date and nature of the most recent activity; and
(f) Any other comparable data or information necessary to achieve transparency and accountability for the specified programs.
(2) In addition to the electronic database required in subsection (1) of this section, the cabinet shall submit a single annual report on the programs listed in subsection (3)(b) of this section to the Governor and the Legislative Research Commission by November 1 of each year. The report shall include all projects approved in the preceding fiscal year and shall provide for these projects the information specified in subsection (1) of this section plus aggregate data for each program, summary evaluations of program activity and effectiveness, and anything required by statute to be reported for any particular program. The report shall also list all projects that were approved in prior years but active at any time in the preceding fiscal year, although for these projects the report need not provide further data."
Enacted April 25, 2014.		 N Y N
Kentucky 2015 Kentucky Appalachian regional development fund 2015 Ky SB 168 KRS § 154.33-556 The Department for Local Government shall prepare and submit to the Office of the Governor and the Legislative Research Commission a report by November 1 of each year on the status of the Kentucky Appalachian regional development fund. The report shall include the operation and financial status of the fund, the initiatives supported by the fund, and the status of the measures of success identified for each funded initiative. N N Y
Kentucky 2018 Tennessee Valley Authority Act in-lieu-of-tax program 2018 Ky HB 114 KRS § 96.895 All agencies receiving funds under this section shall provide a written report annually, no later than October 1, to the fiscal court that designated it for payment and to the Interim Joint Committee on Appropriations and Revenue. The report shall describe how the funds were expended and the results of the use of funds in terms of economic development and job creation. N N Y
Kentucky 2018 Kentucky Industrial Revitalization Program 2018 Ky. HB 487 KRS § 154.26-095 By July 1, 2019, and by each July 1 thereafter, the authority and the Department of Revenue shall jointly provide a report to the Interim Joint Committee on Appropriations and Revenue for each project approved under this subchapter. The report shall contain the following information:
(1) The name of each approved company and the location of each economic revitalization project;
(2) The amount of approved costs for each economic revitalization project;
(3) The date the agreement was approved, the type of approval issued at that point in time, and whether the project is active or inactive;
(4) Whether an assessment fee authorized by KRS 154.26-100 was a part of the agreement;
(5) The number of employees employed in manufacturing, the number of employees employed in coal mining and processing, or the number of employees employed in agribusiness operations;
(6) Whether the project was a supplemental project; and
(7) By taxable year, the amount of tax credit claimed on the taxpayer’s return, any amount denied by the department, and the amount of any tax credit remaining to be carried forward.
 N N Y
Kentucky 2018 Incentives for Energy Independence* 2018 Ky. HB 557 By November 1 of each year, the authority and the department shall jointly prepare an annual report and post it to the Cabinet for Economic Development Web site a report for the Governor and the Legislative Research Commission,as required in KRS 154.12-2035. The report shall include a list of all companies with which tax incentive agreements have been entered into and a summary of the terms of each agreement, including the type of facility approved, product to be produced, estimated output upon completion, required minimum capital investment and maximum recovery, incentives approved by type of tax and amount, activation date, and termination date. N Y N
Kentucky 2018 Bluegrass State Skills Corporation, Grants-in-Aid and Skills Training Investment Credit; Kentucky Business Investment Program; Kentucky Enterprise Initiative Act; Department of Commercialization and Innovation programs; Incentives for Energy Independence Act; Kentucky Economic Development Finance Authority small business and direct loan programs; Kentucky Industrial Revitalization Act; Kentucky Reinvestment Act; Kentucky Small Business Tax Credit; Economic Development Bonds; Kentucky Industrial Development Act; Kentucky Jobs Development Act; Kentucky Jobs Retention Act; and the Kentucky Rural Economic Development Act plus the Kentucky Investment Fund Act, Tax Increment Financing, and state participation projects.* 2018 Ky. HB 557 KRS § 154.12-2035 (1) The cabinet shall maintain a searchable electronic database on its Web site containing information on the cost and status of the programs listed in subsection (3)(a) of this section. The database shall include all projects approved at any time in the last five (5) years and shall include for each, where applicable, the following information:
(a) The name of the program, the recipient or participant, the type of project, and its location by county;
(b) Total and approved costs of the project or investment, and the amount of incentives or other benefits authorized;
(c) For the Kentucky Business Investment Program and the Kentucky Enterprise Initiative Act, the amount of incentives or other benefits actually recovered as self-reported by the recipient;
(d) The number of new jobs estimated and, for the Kentucky Business Investment Program and the Kentucky Enterprise Initiative Act, actually created, along with wage information for those jobs;
(e) Project status and the date and nature of the most recent activity; and
(f) Any other comparable data or information necessary to achieve transparency and accountability for the specified programs.
(2) In addition to the electronic database required in subsection (1) of this section, the cabinet shall prepare an submit a singleannual report on the programs listed in subsection (3)(b)of this section and make it available on the Cabinet for Economic Development Web site to the Governor and the Legislative Research Commissionby November 1 of each year. The report shall include all projects approved in the preceding fiscal year and shall provide for these projects the information specified in subsection (1) of this section plus aggregate data for each program, summary evaluations of program activity and effectiveness, and anything required by statute to be reported for any particular program. The report shall also list all projects that were approved in prior years but active at any time in the preceding fiscal year, although for these projects the report need not provide further data.
(3) The following programs shall be subject to the reporting requirements of this section:
(a) The electronic database required in subsection (1) of this section shall include the Bluegrass State Skills Corporation, grants-in-aid and skills training investment credit; Kentucky Business Investment Program; Kentucky Enterprise Initiative Act; Office of Entrepreneurship programs; Incentives for Energy Independence Act; Kentucky Economic Development Finance Authority small business and direct loan programs; Kentucky Environmental Stewardship Act;Kentucky Industrial Revitalization Act; Kentucky Reinvestment Act; Kentucky Small Business Tax Credit small business investment credit; economic development bonds; Kentucky Industrial Development Act; Kentucky Jobs Development Act; Kentucky Jobs Retention Act; andthe Kentucky Rural Economic Development Act; and
(b) The singleannual report required by subsection (2) of this section shall include all programs listed in paragraph (a) of this subsection plus the Kentucky Investment Fund Act, the Tourism Development Act, film production industry incentives,and tax increment financing, state participation projects.		 N Y N
Kentucky 2018 Economic Development bonds (renamed Economic Development Fund)* 2018 Ky. HB 557 KRS § 154.12-100 By November 1 of each year, the TheCabinet for Economic Development shall prepare and post submitan annual report to the cabinet’s Web site Capital Projects and Bond Oversight Committee, and to the Governor and Legislative Research Commissionas required in KRS 154.12-2035, showing the economic development bonds issued during the previous fiscal year, andthe amounts paid back, and the balance still owing with respect to loans made by the Cabinet for Economic Development with proceeds of economic development bonds during the previous five (5) fiscal years. N Y N
Kentucky 2019 Linked Deposit Investment Program* 2019 Ky. HB 204 The following KRS sections are repealed: 41.606 Linked deposit investment program—Purpose—Reports—Authority for administrative regulations. N
Kentucky 2019 Economic Development bonds (renamed Economic Development Fund) 2019 Ky SB 246 By November 1 of each year, the Cabinet for Economic Development shall prepare and post an annual report to the cabinet’s Web site as required in KRS 154.12-2035, showing the economic development fundsbonds issued during the previous fiscal year, funds disbursed, the amounts paid back, and the balance still owing with respect to grants or loans made by the Cabinet for Economic Development with proceeds of economic development fundsbonds during the previous five (5) fiscal years. N Y N
Kentucky 2018 Bluegrass State Skills Corporation, Grants-in-Aid and Skills Training Investment Credit; Kentucky Business Investment Program; Kentucky Enterprise Initiative Act; Office of Entrepreneurship and Small Business Innovation; Incentives for Energy Independence Act; Kentucky Economic Development Finance Authority small business and direct loan programs; Kentucky Industrial Revitalization Act; Kentucky Reinvestment Act; Kentucky Small Business Tax Credit; Economic Development Bonds; Kentucky Industrial Development Act; Kentucky Jobs Development Act; Kentucky Jobs Retention Act; and the Kentucky Rural Economic Development Act plus the Kentucky Investment Fund Act, Tax Increment Financing, and state participation projects.* 2018 Ky. HB 557 (a) The electronic database required in subsection (1) of this section shall include the Bluegrass State Skills Corporation, grants-in-aid and skills training investment credit; Kentucky Business Investment Program; Kentucky Enterprise Initiative Act; Office of Entrepreneurship and Small Business Innovation programs; Incentives for Energy Independence Act; Kentucky Economic Development Finance Authority small business and direct loan programs; Kentucky Industrial Revitalization Act; Kentucky Reinvestment Act; Kentucky Small Business Tax Credit; economic development bonds; Kentucky Industrial Development Act; Kentucky Jobs Development Act; Kentucky Jobs Retention Act; the Kentucky Rural Economic Development Act; and
(b) The annual report required by subsection (2) of this section shall include all programs listed in paragraph (a) of this subsection plus the Kentucky Investment Fund Act, and tax increment financing, state participation projects.		 N Y N