{"data":{"id":"us-ky/krs-154.12-204","jurisdiction":"us-ky","citation":"KRS 154.12-204","heading":"Definitions for KRS 154.12-205 to 154.12-208.","body":"As used in KRS 154.12-205 to 154.12-208, unless the context requires otherwise:\n(1) \"Agribusiness\" has the same meaning as in KRS 154.32-010;\n(2) \"Alternative fuel production\" has the same meaning as in KRS 154.32-010;\n(3) \"Applicant\" means a business or i ndustry that has made application for a grant -in-\naid or skills training investment credit as authorized by KRS 154.12 -205 to 154.12-\n208;\n(4) \"Approved company\" means any qualified company seeking to sponsor an\noccupational upgrade training program or skill s upgrade training program for the\nbenefit of one (1) or more of its employees, which is approved by the corporation to\nreceive grant -in-aid or skills training investment credits as provided by KRS\n154.12-205 to 154.12-208;\n(5) \"Approved costs\" means costs confirmed as eligible by the corporation, including:\n(a) Fees or salaries required to be paid to instructors who are employees of the\napproved company, instructors who are full -time, part -time, or adjunct\ninstructors with an educational institution, and i nstructors who are consultants\non contract with an approved company in connection with an occupational\nupgrade training program or skills upgrade training program sponsored by an\napproved company;\n(b) The cost of supplies, equipment, and materials used exc lusively in an\noccupational upgrade training program or skills upgrade training program\nsponsored by an approved company;\n(c) Employee wages to be paid in connection with an occupational upgrade\ntraining program or skills upgrade training program sponsored by an approved\ncompany; and\n(d) All other costs of a nature comparable to those described in this subsection;\n(6) \"Board\" means the board of directors of the Bluegrass State Skills Corporation;\n(7) \"Carbon dioxide or hydrogen transmission pipeline\" has the same meaning as in\nKRS 154.32-010;\n(8) \"Coal severing and processing\" has the same meaning as in KRS 154.32-010;\n(9) \"Corporation\" means the Bluegrass State Skills Corporation, or BSSC;\n(10) \"Educational institution\" means a public or nonpublic secondary or postsecondary\ninstitution or an independent provider within the Commonwealth authorized by law\nto provide a pro gram of skills training or education beyond the secondary school\nlevel or to adult persons without a high school diploma or its equivalent;\n(11) \"Employee\" means any person who is:\n(a) Currently a permanent full-time employee of the qualified company;\n(b) Subject to the tax imposed by KRS 141.020; and\n(c) Paid the minimum base hourly wage plus employee benefits equal to or\ngreater than fifteen percent (15%) of the minimum base hourly wage. If the\nqualified company does not provide employee benefits equal to at least fifteen\npercent (15%) of the minimum base hourly wage, the qualified company may\nstill qualify if it provides the full -time employee total hourly compensation\nequal to or greater than one hundred fifteen percent (115%) of the minimum\nbase hourly wage through increased hourly wages combined with at least one\n(1) company-paid employee benefit;\n(12) \"Energy-efficient alternative fuel production\" has the same meaning as in KRS\n154.32-010;\n(13) \"Gasification production\" has the same meaning as in KRS 154.32-010;\n(14) \"Grant-in-aid\" means funding that is provided to qualified companies by the BSSC\nfor the development or expansion of a program as provided in this chapter;\n(15) \"Headquarters\" has the same meaning as in KRS 154.32-010;\n(16) \"Heritage county\" means a county where the county population ranking determined\nby the cabinet under KRS 154.21 -017 scores greater than or equal to ninety -seven\n(97);\n(17) \"Hospital\" has the same meaning as in KRS 154.32-010;\n(18) \"Manufacturing\" has the same meaning as in KRS 154.32-010;\n(19) \"Minimum base hourly wage\" means the minimum wage amount paid to an\nemployee by a qualified company, which shall not be less than:\n(a) Two hundred percent (200%) of the federal minimum wage for a company\nlocated in a heritage county; or\n(b) Three hundred percent (300%) of the federal minimum wage for a company\nlocated in any other county;\n(20) \"Nonretail service or technology\" has the same meaning as in KRS 154.32-010;\n(21) \"Occupational upgrade training\" means employee training spons ored by a qualified\ncompany that is designed to qualify the employee for a promotional opportunity\nwith the qualified company;\n(22) \"Program\" or \"program of skills training or education consistent with employment\nneeds\" means a coordinated course of instru ction which is designed to prepare\nindividuals for employment in a specific trade, occupation, or profession. Such\ninstruction may include:\n(a) Classroom instruction;\n(b) Classroom-related field, shop, factory, office, or laboratory work; and\n(c) Basic ski lls, entry level training, job upgrading, retraining, and advance\ntraining;\n(23) (a) \"Qualified company\" means any corporation, limited liability company,\npartnership, limited partnership, sole proprietorship, business trust, or any\nother legal entity through which business is conducted that is engaged in or is\nplanning to be engaged in one (1) or more of the following activities within\nthe Commonwealth:\n1. Manufacturing;\n2. Agribusiness;\n3. Nonretail service or technology;\n4. Headquarter operations, regardless of the underlying business activity of\nthe company;\n5. Alternative fuel, gasification, energy -efficient alternative fuel, or\nrenewable energy production;\n6. Carbon dioxide or hydrogen transmission pipeline;\n7. Coal severing and processing; or\n8. Hospital operations.\n(b) \"Qualified company\" does not include companies where the primary activity\nto be conducted within the Commonwealth is forestry, fishing, the provision\nof utilities, construction, wholesale trade, retail trad e, real estate, rental and\nleasing, accommodation and food services, or public administration services;\n(24) \"Renewable energy production\" means the same as in KRS 154.32-010;\n(25) \"Skills training investment credit\" means the credit against Kentucky incom e tax\nimposed by KRS 141.020 or 141.040, and the limited liability entity tax imposed by\nKRS 141.0401, as provided in this subchapter;\n(26) \"Skills upgrade training\" means employee training sponsored by a qualified\ncompany that is designed to provide the e mployee with new skills necessary to\nenhance productivity, improve performance, or retain employment, including but\nnot limited to technical and interpersonal skills, and training that is designed to\nenhance computer skills, communication skills, problem s olving, reading, writing,\nor math skills of employees who are unable to function effectively on the job due to\ndeficiencies in these areas, are unable to advance on the job, or who risk\ndisplacement because their skill deficiencies inhibit their training p otential for new\ntechnology; and\n(27) \"Technical assistance\" means professional and any other assistance provided by\nqualified companies to an educational institution, which is reasonably calculated to\nsupport directly the development and expansion of a pa rticular program as defined\nherein.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57116","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:52Z","sha256":"22840cee60aa6c4dbf6086c43dd321b6c4ea4888266ae26c43467e08d278bec3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.12-2035","next":"us-ky/krs-154.12-205"},"notice":"GroundRules: Original legal text. Not legal advice."}