Bill > HB552

This bill establishes several new provisions related to economic development in Kentucky. First, it creates the Kentucky-Ireland Trade Commission, a body of 11 members appointed by the Governor, legislative leaders, and the Kentucky Chamber of Commerce, whose purpose is to advance bilateral trade and investment, promote business and academic exchanges, and encourage economic development between Kentucky and Ireland. The commission will meet monthly, seek information from government agencies, and provide policy recommendations. Second, the bill allows the Finance and Administration Cabinet to renew marina operator license agreements more easily under certain conditions. Third, the bill modifies existing laws regarding local tourist and convention commissions, specifically allowing chief executive officers to appoint commissioners representing local hotels, motels, and restaurants when no formal local associations exist. Lastly, the bill adjusts the composition of the Northern Kentucky Convention Center Corporation's board, increasing its membership from seven to eleven members, with county judges/executives, the mayor of the host city, and the Governor making appointments. These changes aim to enhance economic opportunities, improve local tourism infrastructure, and facilitate international trade relations.

Budget and Finance, Business and Industry

https://apps.legislature.ky.gov/record/25RS/hb552.html