Issues

Economic Development

Position

State Level
- Support House Bill 229 which is Governor Beshear's proposal to extend and improve Kentucky's economic development incentives.
- Support House Bill 395 to extend the Kentucky Transpark Wage Assessment from 20 years to 30 years under certain conditions.
- Amend KRS 141.310 and 141.350 to provide for a personal state income tax credit against the 1.5% Transpark wage assessment.
- Support changes in KREDA County job requirements from 15 jobs to 5 jobs.
- Support the repeal of the Alternative Minimum Calculation.
- Support the SKYPAC Project in downtown Bowling Green.
Federal Level - Support legislation to update the definition of manufacturing for industrial development bonds to be used for both traditional manufacturers and new economy industries such as software and biotechnology.
- Oppose the tightening of federal ozone emission standards which could cause counties in South Central Kentucky to be classified non-attainment.
- Oppose approval of the Employee Free Choice Act.

News

  • Chicago homeless advocates want TIF money for affordable housing
    Sep 6, 2010 — Chicago Tribune
    They're going to study it," Daley said. "You can't just say no, flat no." Ald. Walter Burnett Jr., 27th, a sponsor of the Sweet Home Chicago proposal, said he hopes a compromise can be worked out.
  • Homeless advocates want TIF money for affordable housing
    Sep 5, 2010 — Chicago Tribune
    They're going to study it," Daley said. "You can't just say no, flat no." Ald. Walter Burnett Jr., 27th, a sponsor of the Sweet Home Chicago proposal, said he hopes a compromise can be worked out.
  • Advisory board proposed for Caroline Corridor
    Sep 4, 2010 — Florida Keys Keynoter
    ...the Caroline Street Corridor sub-area, but up until now, it's been used almost exclusively to expand and maintain the bight side. "We've had one great success with Key West Bight," Kimball-Murley said, but "our work here is not done. Now, how do we carry that over?" City Commissioner Jimmy Weekley, in an ordinance set for first reading on Tuesday, proposes creating a new seven-member appointed board, the Caroline Street Corridor Tax Increment Financing Board, to recommend to the...
  • Economic director seeks to create TIF district
    Sep 2, 2010 — Foster's Daily Democrat
    Dover to remain a major player, especially when comparing the city to others in other states that may offer more tax incentives, Barufaldi said. "It will take the cuffs off and let me play with both hands," Barufaldi said. The City Council would have to pass legislation to allow TIFs in the city. Once a district is identified, the council would again have to vote to authorize the TIF district. The creation of a TIF district has been endorsed by the Greater Dover Chamber...
  • First Security Bank to expand
    Sep 2, 2010 — Messenger-Inquirer
    David Boswell, a Sorgho Democrat. Earlier this summer, First Security Bank purchased several properties downtown, including the office building at 313 Frederica St. First Security also purchased parking lots at 310 St. Ann St., 319 Frederica St., and 307-309 Frederica St., all of which adjoin the four-story building.
  • Hurricane funds used to lure businesses
    Sep 2, 2010 — The Wichita Eagle
    Baton Rouge states that Stephen Moret, secretary of the Louisiana Department of Economic Development, told the recovery authority's board that he would use the money to recruit large projects to the state. No projects have been announced, yet, said Jennifer Pike, research director of the Public Affairs Research Council of Louisiana, a nonprofit watchdog. The Louisiana Department of Economic Development didn't return calls for comment. Louisiana, Mississippi and Alabama...
  • Hotel pays Waukesha real estate tax
    Sep 1, 2010 — Milwaukee Journal Sentinel
    Its real estate value had last increased to $5.2 million.
  • Seymour enlists 3-D animation to help sell plans for gateway into city
    Sep 1, 2010 — The Tribune (Seymour, Indiana)
    ... Seymour Main Street is in the process of applying for a grant from Indiana Main Street to help with streetscape development and other physical enhancements as well as branding the downtown. Bill Bailey, president of the Greater Seymour Chamber of Commerce, applauds Luedeman and the city for considering the gateway project. "It would be a tremendous environmental improvement for all sorts of growth in Seymour," he said. As for the timing of the project, Bailey says it...
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