Log In / Sign Up

HB 524

  • Kentucky House Bill
  • 2024 Regular Session
  • Introduced in House Feb 13, 2024
  • House
  • Senate
  • Governor

AN ACT relating to the establishment of a grant program to promote investments in Kentucky businesses, making an appropriation therefor, and declaring an emergency.

View Latest Bill Text
Sign In to Follow

Bill Subjects

Appropriations Budget And Financial Administration Economic Development Effective Dates, Emergency Fiscal Note Short Titles And Popular Names State Agencies Workforce

Abstract

Create new sections of Subchapter 20 of KRS Chapter 154 to establish the Kentucky Rural Jobs Act of 2024; allow the Cabinet for Economic Development to begin accepting applications from entities seeking approval as a growth fund; allow no more than $50 million of grants to be awarded as state matching capital for investments in growth businesses; establish the rural jobs development fund; appropriate $50 million in fiscal year 2024-2025 to the Rural Jobs Development Fund; provide that the Act may be cited as the Kentucky Rural Jobs Act of 2024; APPROPRIATION; EMERGENCY.

Bill Sponsors (2)

John Blanton

  • Republican
  • Representative
  • District 92
Primary

Tom Smith

  • Republican
  • Representative
  • District 86
Primary

Votes

No votes to display

Actions

Feb 21, 2024

House

to Appropriations & Revenue (H)

Feb 13, 2024

House

introduced in House

House

to Committee on Committees (H)

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Kentucky General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.