KRS 65.6853: Relationship to other job development assessment fees -- Maximum on

total tax credits.

For any development area for which increments do not include revenues from the

Commonwealth:

(1) If a company, against whose employees an assessment is levied under KRS

65.6851, enters into an agreement with the economic development authority under

Subchapter 23, 24, or 26 of KRS Chapter 154 allowing the company to impose a

job development assessment fee as part of that agreement, the total assessment

levied against the employee for state inducements and the development area shall

not exceed six percent (6%), subject to subsection (2) of this section.

(2) If an eligible company under Subchapter 23, 24, or 26 of KRS Chapter 154 locates

or expands within a development a rea, the assessment imposed under KRS

65.6851(1) shall not exceed the lesser of two percent (2%) or the difference

between two percent (2%) and the local occupational license fee used as a credit

against the assessments granted under Subchapter 23, 24, or 26 of KRS Chapter

154.