{"data":{"id":"us-ky/krs-154.20-238","jurisdiction":"us-ky","citation":"KRS 154.20-238","heading":"Timetables for investments and credit award approval -- Web site","body":"reports.\n(1) No later than the earlier of:\n(a) Eighty (80) days following the date of credit approval, including weekends\nand holidays; or\n(b) December 31 of the calendar year of the approval;\nThe qualified investor shall make the qualified investment and provide proof of the\nqualified investment to the authority in the manner required by the authority.\n(2) No later than sixty (60) days following the receipt of proof of the qua lified\ninvestment, the authority shall notify the department of the credit award, the amount\nof the credit, and the name and Social Security number of the qualified investor that\nwill receive the credit.\n(3) If the qualified investor either fails to make t he qualified investment or fails to\nprovide the required proof of the qualified investment prior to the deadline, the\naward of credit approval shall be null and void, and the authority shall notify the\nqualified investor of the nullification and readjust the amount of credit available.\n(4) (a) The authority shall maintain a publicly available Web site on which it shall\nreport:\n1. A list of all currently certified qualified small businesses and qualified\ninvestors;\n2. The total amount of credit it has awarded; and\n3. The total amount of available credit remaining.\n(b) This report shall be updated as new small businesses and investors are\ncertified, and as new credits are awarded or the amount of available credit is\notherwise adjusted.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=48349","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:53Z","sha256":"527ae7c07db333f5652c79e658d38908f6edf1899dfe7561b14c5a5b12d26048","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.20-236","next":"us-ky/krs-154.20-240"},"notice":"GroundRules: Original legal text. Not legal advice."}
