Kentucky legislation · 2026 Regular Session
Kentucky HB819: AN ACT relating to economic development.
Status: In committee, March 13, 2026
Amend KRS 154.12-100, relating to the economic development fund, to make a technical correction.
What the bill says
An act relating to economic development.
From the introduced text:
AN ACT relating to economic development. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 154.12-100 is amended to read as follows: (1) "Economic development fund" means the fund authorized by the General Assembly for the purpose of promoting economic development within the state. (2) The economic development fund shall be funded through the issuance of bonds by the State Property and Buildings Commission or other appropriation by the General Assembly. (3) The economic development fund shall be administered by the secretary of the Cabinet for Economic Development. The authority shall promulgate administrative regulations in accordance with KRS Chapter 13A for project selection criteria and administration of the economic development fund. The project selection criteria shall include but not be limited to the (b) Degree of public or private and local involvement; (c) Degree and conditions of project payback; and (d) Amount of investment. (4) Prior to submission of an economic development fund project to the authority, the secretary of the Cabinet for Economic Development shall receive a written commitment from the public or private organization which has requested funds outlining projected job creation and retention, an investment breakdown, and overall project description. This shall be submitted by the secretary to the authority. Subsequently, the secretary of the Cabinet for Economic Development shall execute …
Sponsors
- David Osborne (R, HD-059) · primary sponsor
Latest actions
- : returned to Economic Development & Workforce Investment (H)
- : 1st reading
- : taken from Economic Development & Workforce Investment (H)
- : to Economic Development & Workforce Investment (H)
- : to Banking & Insurance (H)
- : to Committee on Committees (H)
- : introduced in House
Subjects: Funds, Economic Development, Technical Corrections
Common questions
- What is HB819?
- HB819 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to economic development.
- What does HB819 do?
- In its own words: An act relating to economic development.
- What is the status of HB819?
- In committee as of March 13, 2026. Latest action: returned to Economic Development & Workforce Investment (H) (March 13, 2026).
- Who sponsored HB819?
- David Osborne (R, HD-059).
- Where is the official record for HB819?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb819.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.