AN ACT relating to economic relief for local communities of the Commonwealth and declaring an emergency.

Amend KRS 154.14-020, relating to the GRANT Program, to redefine "eligible grant applicant," "eligible project," "eligible use," "GRANT program," "GRANT program fund," "regional project," and define "qualifying federal entity"; amend KRS 154.14-030 to make technical changes; amend KRS 154.14-040 to modify the dates of the Cabinet for Economic Development's review of grant applications and provide that obligation of funds shall be no more than 12 months with a possible six month extension; amend KRS 154.14-050…

Economic Development Effective Dates, Emergency Local Government Property Public Buildings and Grounds Public Health Public Utilities Sewer Systems State Agencies Transportation Water Supply Waterways and Dams Area Development Districts Cities Counties Telecommunications Workforce

Introduced: February 18, 2025

Last action: March 24, 2025

(Acts Ch. 71)

In effect since March 24, 2025

This act carries an emergency clause, so it took effect as soon as it became law instead of waiting the usual 90 days after the session adjourned (Ky. Constitution § 55).

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This bill updates Kentucky's GRANT Program, which provides state funding to help local communities with economic development projects. The changes revise which applicants and projects qualify, adjust review timelines, and give the Cabinet for Economic Development some flexibility to move funds between categories with legislative notice. Who it may affect: local governments, area development districts, and communities seeking state economic development grants.

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