AN ACT relating to economic development.

Create a new section of Subchapter 20 of KRS Chapter 154 to establish the high-growth loan program and high-growth loan fund to be administered by the Cabinet for Economic Development; Define terms; specify the program requirements and eligible uses of fund moneys.

Introduced: March 4, 2026

Last action: March 13, 2026

Returned To Economic Development & Workforce Investment (H)

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This bill would create a new loan program and dedicated fund managed by the Cabinet for Economic Development to support high-growth businesses in Kentucky. It sets out definitions, program requirements, and rules for how the loan money can be used. Who it may affect: businesses seeking growth financing and economic development officials administering state programs.

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