Subchapter
Subchapter 30 Tax Increment Financing
- KRS 154.30-010— Definitions for subchapter
- KRS 154.30-020— Findings of General Assembly relative to development areas and projects
- KRS 154.30-030— State tax increment financing participation programs -- Application requirements for a local government to request state participation -- Authority review requirements -- Pledge limitations -- Tax incentive agreements required -- Independent consultant's report
- KRS 154.30-040— Commonwealth Participation Program for State Real Property Ad Valorem Tax Revenues -- Criteria for state participation -- Qualifying expenditures -- Pledge limitations -- Authority review -- Required determinations by the authority -- Tax incentive agreement required
- KRS 154.30-050— Signature Project Program -- Purpose -- Two initiatives -- Criteria for state participation -- Qualifying expenditures -- Authority review -- Required determinations by the authority -- Pledge limitations -- Tax incentive agreement required -- Authority may approve reduction in required minimum capital investment -- Revised and resubmitted projects
- KRS 154.30-052— Repealed, 2018
- KRS 154.30-060— Commonwealth Participation Program for Mixed-Use Redevelopment in Blighted Urban Areas -- Definitions -- Criteria for state participation -- Qualifying expenditures -- Authority review -- Required determinations by the authority -- Pledge limitations -- Tax incentive agreement required
- KRS 154.30-070— Terms and conditions of tax incentive agreements to be negotiated between authority and agency -- Provisions of agreement -- Pledge of incremental revenues superior to other pledges of revenues -- Renewal and discontinuance of agreement
- KRS 154.30-080— Requirement that minimal capital investment be made prior to the release of incremental revenues -- Escrow account -- Cancellation if agency fails to meet minimum investment -- Duties of authority to monitor agreements and track revenues
- KRS 154.30-090— Annual disbursement of tax incremental revenues