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SB197Introduced in the Senate

AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an emergency.

Passed

Introduced by Phillip Wheeler, District 31

What does this bill do?

Plain-English breakdown

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Official description

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.

Where it stands

delivered to Secretary of State (Acts Ch. 202)

April 27, 2026

How did lawmakers vote?

House votes

1 recorded vote · each counted separately

Senate votes

2 recorded votes · each counted separately

SenateStage: Senate: Third Reading RSN# 4263 · April 15, 2026

35

Yes

1

No

2

Absent or Not Voting

38 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

SenatorDistrictVote
Jason Howell1Yes
Danny Carroll2Yes
Craig Richardson3Yes
Robert Mills4Yes
Stephen Meredith5Yes
Lindsey Tichenor6Absent
Aaron Reed7Yes
Gary Boswell8Yes
David Givens9Yes
Matthew Deneen10Yes

Bill history

  1. introduced in Senate

  2. to Committee on Committees (S)

  3. to Economic Development, Tourism, & Labor (S)

  4. reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title)

  5. 2nd reading, to Rules

  6. floor amendment (1) filed to Committee Substitute

  7. posted for passage in the Regular Orders of the Day for Thursday, March 05 2026

  8. passed over and retained in the Orders of the Day

  9. floor amendment (2) filed to Committee Substitute

  10. 3rd reading, passed 36-0 with Committee Substitute (1), Floor Amendments (2) and (1) and Committee Amendment (1-title)

  11. received in House

  12. to Committee on Committees (H)

  13. to Appropriations & Revenue (H)

  14. taken from Appropriations & Revenue (H)

  15. 1st reading

  16. returned to Appropriations & Revenue (H)

  17. taken from Appropriations & Revenue (H)

  18. 2nd reading

  19. returned to Appropriations & Revenue (H)

  20. reported favorably, to Rules with Committee Substitute (1) and Committee Amendment (1-title)

  21. posted for passage in the Regular Orders of the Day for Tuesday, March 31 2026

  22. floor amendments (1) and (2) filed to Committee Substitute

  23. taken from the Orders of the Day

  24. recommitted to Appropriations & Revenue (H)

  25. reported favorably, to Rules with Committee Substitute (2) and Committee Amendment (2-title)

  26. taken from Rules

  27. placed in the Orders of the Day

  28. 3rd reading, passed 82-7 with Committee Substitute (2) and Committee Amendment (2-title)

  29. received in Senate

  30. to Rules (S)

  31. posted for passage for concurrence in House Committee Substitute (2) and Committee Amendment (2-title)

  32. Senate concurred in Committee Substitute (2) and Committee Amendment (2-title)

  33. passed 35-1

  34. enrolled, signed by President of the Senate

  35. enrolled, signed by Speaker of the House

  36. delivered to Governor

  37. line items vetoed

  38. delivered to Secretary of State (Acts Ch. 202)

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