{"data":{"id":"us-ky/krs-154.12-2035","jurisdiction":"us-ky","citation":"KRS 154.12-2035","heading":"Electronic database of approved program projects -- Annual report --","body":"Programs included -- Coordination with other agencies.\n(1) The cabinet shall maintain a searchable electronic database on its website\ncontaining information on the cost and status of the programs listed in subsection\n(3)(a) of this section. The database shall include all projects approved at any time in\nthe last five (5) years and shall include for each, where applicable, the following\ninformation:\n(a) The name of the pro gram, the recipient or participant, the type of project, and\nits location by county;\n(b) Total and approved costs of the project or investment, and the amount of\nincentives or other benefits authorized;\n(c) For the Kentucky Business Investment Program and the Kentucky Enterprise\nInitiative Act, the amount of incentives or other benefits actually recovered as\nself-reported by the recipient;\n(d) The number of new jobs estimated and, for the Kentucky Business Investment\nProgram, actually created, along with wage information for those jobs;\n(e) Project status and the date and nature of the most recent activity; and\n(f) Any other comparable data or information necessary to achieve transparency\nand accountability for the specified programs.\n(2) In addition to the electronic database required in subsection (1) of this section, the\ncabinet shall prepare an annual report on the programs listed in subsection (3) of\nthis section and make it available on the Cabinet for Economic Development\nwebsite by November 1 of each year. The report shall include all projects approved\nin the preceding fiscal year and shall provide for these projects the information\nspecified in subsection (1) of this section plus aggregate data for each program,\nsummary evaluations of program activity  and effectiveness, and anything required\nby statute to be reported for any particular program. The report shall also list all\nprojects that were approved in prior years but active at any time in the preceding\nfiscal year, although for these projects the report need not provide further data.\n(3) The following programs shall be subject to the reporting requirements of this\nsection:\n(a) The electronic database required in subsection (1) of this section shall include\nthe Bluegrass State Skills Corporation, gra nts-in-aid and skills training\ninvestment credit; Kentucky Business Investment Program; Kentucky\nEnterprise Initiative Act; Office of Entrepreneurship and Innovation\nprograms; Incentives for Energy -related Business Act; Kentucky Economic\nDevelopment Financ e Authority small business and direct loan programs;\nKentucky Industrial Revitalization Act; Kentucky Reinvestment Act;\nKentucky Small Business Tax Credit; economic development bonds;\nKentucky Industrial Development Act; Kentucky Jobs Development Act;\nKentucky Jobs Retention Act; the Kentucky Rural Economic Development\nAct; and\n(b) The annual report required by subsection (2) of this section shall include all\nprograms listed in paragraph (a) of this subsection plus the Kentucky\nInvestment Fund Act, and tax increment financing, state participation projects.\n(4) The cabinet shall coord inate with any other agency necessary to supply the\ninformation required by this section.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=53831","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:52Z","sha256":"e26556ca98be3443c6e2d0f86f4a9efd772f11524212997c208af14449fd0172","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.12-2033","next":"us-ky/krs-154.12-204"},"notice":"GroundRules: Original legal text. Not legal advice."}