KRS 154.20-170: Priority consideration for certain businesses.

(1) Industrial entities, agricultural business entities, business enterprises, or private

sector firms which are members of a business network within the meaning of KRS

154.1-010 and businesses that compose the secondary wood products industry as

defined in KR S 154.47 -005(5), shall be given priority consideration under state

economic development loan, grant, and incentive programs administered by the

Kentucky Economic Development Finance Authority.

(2) Notwithstanding the provisions of subsection (1) of this se ction, highest priority

consideration under state economic development loan, grant, and incentive

programs administered by the authority shall be given to those projects that are

located in counties of Kentucky which have had an average countywide rate of

unemployment of fifteen percent (15%) or greater in the most recent twelve (12)

consecutive months for which unemployment figures are available, on the basis of

the final unemployment figures calculated by the Department of Workforce

Development in the Education and Labor Cabinet.