Kentucky legislation · 2026 Regular Session
Kentucky HB936: AN ACT relating to the Kentucky Business Investment Program.
Status: In committee, March 13, 2026
Amend KRS 154.32-010, relating to the Kentucky Business Investment Program, to add laboratory equipment, computer servers, software, capitalized leases, and leasehold improvements directly related to research and development, headquarters, high-technology operations, or service sector facilities to the definitions of "eligible costs" and "start-up costs," respectively.
What the bill says
An act relating to the Kentucky Business Investment Program.
From the introduced text:
AN ACT relating to the Kentucky Business Investment Program. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 154.32-010 is amended to read as follows: (1) "Activation date" means the date established in the tax incentive agreement that is within two (2) years of final approval; (2) "Affiliate" means the following: (a) Members of a family, including only brothers and sisters of the whole or half blood, spouse, ancestors, and lineal descendants of an individual; (b) An individual, and a corporation more than fifty percent (50%) in value of the outstanding stock of which is owned, directly or indirectly, by or for that individual; (c) An individual, and a limited liability company of which more than fifty percent (50%) of the capital interest or profits are owned or controlled, directly or indirectly, by or for that individual; (d) Two (2) corporations which are members of the same controlled group, which includes and is limited to: 1. One (1) or more chains of corporations connected through stock ownership with a common parent corporation if: a. Stock possessing more than fifty percent (50%) of the total combined voting power of all classes of stock entitled to vote or more than fifty percent (50%) of the total value of shares of all classes of stock of each …
Sponsors
- Steven Rudy (R, HD-001) · 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 Committee on Committees (H)
- : introduced in House
Subjects: Small Business, Taxation, Economic Development, Business Entities And Organizations
Common questions
- What is HB936?
- HB936 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to the Kentucky Business Investment Program.
- What does HB936 do?
- In its own words: An act relating to the Kentucky Business Investment Program.
- What is the status of HB936?
- In committee as of March 13, 2026. Latest action: returned to Economic Development & Workforce Investment (H) (March 13, 2026).
- Who sponsored HB936?
- Steven Rudy (R, HD-001).
- Where is the official record for HB936?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb936.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.