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KRS 154.35-010

Definitions for subchapter

Effective: June 29, 2021 History: Amended 2021 Ky

As used in this subchapter, unless the context indicates otherwise:

(1) "Beneficiary of an economic incentive package" means any entity for which any assessment, incentive, inducement, or tax credit is issued or awarded pursuant to KRS 154.22-010 to 154.22-070, KRS 154.24-010 to 154.24-150, KRS 154.26-015 to 154.26-100, and KRS 154.28-010 to 154.28-090;

(2) "Board" means the governance board of the Kentucky Science and Technology Council, Inc.;

(3) "Cabinet" means the Cabinet for Economic Development;

(4) "Center" means either or both of the following as the context requires:

(a) "Basic research centers" which means centers under contract with the University of Kentucky and the University of Louisville; and (b) "Applied research centers" which means centers for applied research and technologies development;

(5) "Commonwealth" means the Commonwealth of Kentucky;

(6) "Contracting university" means any of the following that contract with the council to operate a center: the University of Kentucky, the University of Louisville, Eastern Kentucky University, Western Kentucky University, Morehead State University, Northern Kentucky University, Murray State University, and Kentucky State University;

(7) "Council" means the Kentucky Science and Technology Council, Inc.;

(8) "Fund" means the Kentucky Research and Development Infrastructure fund created and established pursuant to KRS 154.35-040;

(9) "Infrastructure" means the Kentucky Research and Development Infrastructure;

(10) "Personal protective equipment" has the same meaning as in KRS 154.32-010;

(11) "Secretary" means the secretary of the Cabinet for Economic Development; and (12) "Vital medications" has the same meaning as in KRS 154.32-010.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.