{"data":{"id":"us-ky/krs-154.22-100","jurisdiction":"us-ky","citation":"KRS 154.22-100","heading":"Approved company's ability to elect to reduce job assessment fee rate","body":"imposed prior to July 15, 1996.\n(1) If an approved company's financing agreement in effect prior to July 15, 1996,\nstipulates that the approved company elects to impose a six per cent (6%) job\ndevelopment assessment fee pursuant to KRS 154.22 -070 as in effect prior to July\n15, 1996, the approved company, subject to provisions of subsection (2) of this\nsection, may elect to change the job development fee rate from six percent (6%) a s\nprescribed in KRS 154.22 -070 as in effect prior to July 15, 1996, to four percent\n(4%) as set forth in KRS 154.22-070.\n(2) An approved company may elect to reduce the job assessment fee rate as prescribed\nin subsection (1) of this section if the financin g agreement respecting the approved\ncompany's approved project is amended upon written approval of all parties thereto,\nand the approved company attests in writing to the satisfaction of the authority that\nthe approved company has not entered into any othe r agreement by which the\ncompany has pledged the proceeds of a six percent (6%) job development\nassessment fee as partial or full payment of any debt or other obligation to any other\nparty.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=2753","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:54Z","sha256":"b0e54ff869dcd943666f88b6f2e6fbb99d0aeac92b42efaa0190aef3e528cc8e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.22-090","next":"us-ky/krs-154.22-102"},"notice":"GroundRules: Original legal text. Not legal advice."}