AN ACT relating to the Kentucky Business Investment Program.

Amend KRS 154.32-010, relating to the Kentucky Business Investment Program, to add laboratory equipment, computer servers, software, capitalized leases, and leasehold improvements directly related to research and development, headquarters, high-technology operations, or service sector facilities to the definitions of "eligible costs" and "start-up costs," respectively.

Introduced: March 4, 2026

Last action: March 13, 2026

Returned To Economic Development & Workforce Investment (H)

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This bill would expand the Kentucky Business Investment Program by broadening what counts as eligible and start-up costs. Specifically, it would add items like laboratory equipment, computer servers, software, leases, and facility improvements tied to research, headquarters, or high-tech operations to the list of qualifying expenses. This could allow more businesses pursuing these activities to participate in the program and receive its benefits. Who it may affect: businesses engaged in research and development, high-technology operations, or service sector activities in Kentucky.

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