Bill
Bill > SB197
KY SB197
KY SB197AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an emergency.
summary
Introduced
02/13/2026
02/13/2026
In Committee
04/15/2026
04/15/2026
Crossed Over
03/10/2026
03/10/2026
Passed
04/27/2026
04/27/2026
Dead
Vetoed
04/27/2026
04/27/2026
Signed/Enacted/Adopted
04/27/2026
04/27/2026
Introduced Session
2026 Regular Session
Bill Summary
Create a new section of Subchapter 32 of KRS Chapter 154 to establish a tiered county system for eligible companies to receive incentives under the Kentucky Business Investment Program; amends KRS 154.32-010 to define "tier"; amends KRS 154.32-020 and 154.32-040 to conform; amend KRS 154.32-050 to specify tiering procedures; amend KRS 154.32-060 to require the Kentucky Economic Development Finance Authority to identify and certify or decertify the tiers for all counties on an annual basis into 4 tax credit tiers; provide that the incentives available under this subchapter be determined based on the county where the economic development project is located by an approved company; provide a county's tier will be based on a 5 year average of its unemployment rate and population ranking; amend KRS 154.32-090, 154.61-010, 154.61-020, and 141.383 to conform.
AI Summary
This bill provides funding for state government agencies and institutions for the fiscal years 2026-2027 and 2027-2028.
* **Department of Military Affairs:** Up to $10,000,000 from the General Fund in fiscal year 2026-2027 for relocation of students and construction of temporary shelters for Estill County Middle School, in the event of a presidentially declared disaster or emergency.
* **Cabinet for Economic Development:**
* $2,400,000 in fiscal year 2026-2027 and $2,325,000 in fiscal year 2027-2028 from the General Fund for the Bluegrass State Skills Corporation to provide training grants for manufacturing-related investments.
* $135,000 in fiscal year 2026-2027 and $100,000 in fiscal year 2027-2028 from Federal Funds to expand the State Trade and Export Promotion program.
* $500,000 in each fiscal year from Restricted Funds for the Kentucky Film Office.
* **Kentucky Department of Education:**
* $960,000 in fiscal year 2026-2027 and $930,000 in fiscal year 2027-2028 from the General Fund for Advanced Placement and International Baccalaureate exams for eligible students.
* $472,600 in fiscal year 2026-2027 and $457,800 in fiscal year 2027-2028 from the General Fund for the Blind/Deaf Residential Travel Program.
* $4,800,000 in fiscal year 2026-2027 and $4,650,000 in fiscal year 2027-2028 from the General Fund for the educators employment liability insurance program.
* $100,181,200 in each fiscal year from Federal Funds to support school and community nutrition programs.
* $15,000,000 in each fiscal year from the General Fund for the Center for School Safety.
* $8,289,100 in each fiscal year from the General Fund for the Kentucky School for the Blind.
* $11,291,800 in each fiscal year from the General Fund for the Kentucky School for the Deaf.
* $127,115,900 in each fiscal year from the General Fund for career and technical education.
* $7,412,500 in each fiscal year from the General Fund for school-based mental health services providers.
* $11,500,000 in General Fund and $11,500,000 in Restricted Funds in each fiscal year to assist local school districts and nonpublic schools in funding school resource officers.
* $1,900,000 in each fiscal year from the General Fund for AdvanceKentucky.
* $23,916,300 in each fiscal year from the General Fund for the Extended School Services Program.
* $48,889,000 in each fiscal year from the General Fund for the Family Resource and Youth Services Centers Program.
* $84,481,100 in each fiscal year from the General Fund for the Preschool Program.
* $11,000,000 in each fiscal year from the General Fund for the Read to Succeed Program.
* **Finance and Administration Cabinet:**
* $5,100,000 in fiscal year 2026-2027 and $5,600,000 in fiscal year 2027-2028 from the General Fund (Tobacco) for the Kentucky Affordable Prepaid Tuition Trust Fund.
* Various amounts from General Fund, Restricted Funds, and Federal Funds for debt service, operations, and facilities support across multiple budget units.
* **Cabinet for Health and Family Services:**
* $8,422,100 in fiscal year 2026-2027 and $7,783,300 in fiscal year 2027-2028 from the General Fund (Tobacco) for the Early Childhood Development Program.
* $10,176,000 in fiscal year 2026-2027 and $9,858,000 in fiscal year 2027-2028 from the General Fund for the Child Care Assistance Program.
* $10,557,700 in each fiscal year from the General Fund for Children's Advocacy Centers.
* $13,912,700 in each fiscal year from the General Fund for Domestic Violence Shelters.
* $7,776,100 in each fiscal year from the General Fund for Rape Crisis Centers.
* $1,000,000 in each fiscal year from the General Fund for the Employee Child Care Assistance Partnership.
* $18,680,000 in fiscal year 2026-2027 and $18,065,000 in fiscal year 2027-2028 from the General Fund for Child Care Assistance Program (CCAP) initiatives.
* $26,880,000 in fiscal year 2026-2027 and $26,040,000 in fiscal year 2027-2028 from the General Fund for child care provider reimbursement rate increases.
* $43,500,000 in fiscal year 2026-2027 and $58,000,000 in fiscal year 2027-2028 from the General Fund for Supplemental Nutrition Assistance Program (SNAP) administration.
* **Postsecondary Education:** Significant appropriations are allocated to the Council on Postsecondary Education and various universities and the Kentucky Higher Education Assistance Authority for a wide range of programs including research, student aid, workforce development, and operational support.
* **Budget Reserve Trust Fund Account:** Numerous appropriations are made from this fund for various local government projects, infrastructure improvements, and economic development initiatives across the Commonwealth for the 2026-2028 fiscal biennium.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (5)
Last Action
delivered to Secretary of State (Acts Ch. 202) (on 04/27/2026)
Official Document
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