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Bill > HB132


KY HB132

KY HB132
AN ACT relating to economic development.


summary

Introduced
01/07/2026
In Committee
01/14/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Amend KRS 154.12-210 to require the Cabinet for Economic Development to maintain and disseminate information relating to Kentucky Office of Agricultural Policy programs to enterprises interested in locating or operating within the Commonwealth; amend KRS 154.12-213 to require the Cabinet for Economic Development to promote Kentucky Office of Agricultural Policy programs; require the Cabinet for Economic Development to submit a monthly report to the Kentucky Office of Agricultural Policy and the Legislative Research Commission; amend KRS 154.20-010 to add the Executive Director of the Kentucky Office of Agricultural Policy as an ex officio member of the Kentucky Economic Development Finance Authority.

AI Summary

This bill requires the Cabinet for Economic Development to actively share information about the Kentucky Office of Agricultural Policy (KOAP) programs with businesses interested in locating or operating in Kentucky, and to promote these KOAP programs to potential participants in economic incentive programs. Additionally, the Cabinet must now submit a monthly report to KOAP and the Legislative Research Commission detailing various aspects of economic incentive applications and awards, starting August 1, 2026. Finally, the bill expands the membership of the Kentucky Economic Development Finance Authority (KEDFA), a key body for economic development financing, by adding the Executive Director of KOAP as an ex officio member, thereby increasing its total membership from seven to eight individuals.

Committee Categories

Agriculture and Natural Resources

Sponsors (4)

Last Action

to Agriculture (H) (on 01/14/2026)

bill text


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