AN ACT relating to the Kentucky Heritage Council and declaring an emergency.

Create a new section of KRS Chapter 171 to establish the Kentucky Historic Preservation and Main Street Program fund; specify uses of fund moneys; sunset fund on July 1, 2036; amend KRS 142.400 to transfer revenues from the state transient room taxes equally to the Kentucky Historic Preservation and Main Street Program fund and the tourism, meeting, and convention marketing fund; amend KRS 142.406 and 154.12-280 to conform; EMERGENCY.

Effective Dates, Emergency Funds Small Business State Agencies Taxation Tourism Reports Mandated Budget and Financial Administration Economic Development Charitable And Nonprofit Organizations Historical Affairs Local Government Sunset Legislation

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This bill would have created a new state fund dedicated to historic preservation and Main Street programs across Kentucky, directing a portion of revenues from the state's hotel room tax to support it equally alongside existing tourism and convention marketing efforts. The fund would have been set to expire on July 1, 2036. The bill did not pass. Who it may affect: small business owners and merchants in historic districts, local governments, nonprofit organizations involved in preservation, and communities with Main Street programs.

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