Kentucky Allows Certain Economic Development Credits

June 4, 2026, 3:23 PM UTC

The Kentucky Governor signed a law that includes allowing a refundable credit for economic development projects under the Kentucky Business Investment program of up to 2.25 percent of the wages paid to full-time employees of a project located in a heritage county or up to 1.25 percent of the wages paid to full-time employees of a project located in any other county within this state. The law took effect on April 27. [H.B. 869, enacted 04/27/26]

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