Kentucky HB819 mandates annual reporting on economic development funds and outlines criteria for fund eligibility and administration.
Kentucky HB819 requires the Cabinet for Economic Development to publish an annual report detailing economic development funds issued, disbursed, and outstanding over the past five fiscal years. The bill specifies that economic development funds cannot exceed the fund's balance and must be carried forward. It also mandates that the Cabinet consult with the Finance and Administration Cabinet before committing funds to any project.
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- Impact
- Legal Framework
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