Kentucky Administrative Regulations Title 307 - CABINET FOR ECONOMIC DEVELOPMENT

Kentucky Administrative Regulations – Title 307
CABINET FOR ECONOMIC DEVELOPMENT

Title 307 of the Kentucky Administrative Regulations (KAR) contains the rules and regulations adopted by the Cabinet for Economic Development, which is responsible for promoting and facilitating economic growth and development in the Commonwealth of Kentucky.

Key Areas Typically Covered in Title 307:

Although specific chapters may vary, Title 307 commonly includes regulations governing:

Incentive Programs

Kentucky Business Investment (KBI) Program

Kentucky Reinvestment Act (KRA)

Job Development Incentive (JDI)

Bluegrass State Skills Corporation (BSSC) programs

Loan and Grant Programs

Industrial Revenue Bonds

Direct loans for small businesses and startups

Grant programs for infrastructure and site development

Site and Building Development

Rules for the Kentucky Product Development Initiative (PDI)

Requirements for qualifying industrial parks or sites

Transparency and Reporting Requirements

Regulations for companies receiving incentives (e.g., job creation benchmarks, wage requirements, periodic reporting)

Compliance and Enforcement Provisions

Procedures for non-compliance with incentive agreements

Penalties, repayment requirements, or revocation of benefits

Definitions and Administrative Procedures

How terms are defined in economic development statutes

Processes for filing applications, appealing decisions, etc.

Accessing the Regulations

To view the current and official text of Title 307 KAR, you can visit the Kentucky Legislative Research Commission (LRC) website:
πŸ“Ž https://apps.legislature.ky.gov/law/kar/

Once there:

Navigate to Title 307 – Cabinet for Economic Development

 

 

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