State Codes and Statutes

Statutes > Kentucky > 148-00 > 851

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148.851 Definitions for KRS 148.851 to 148.860. As used in 148.851 to 148.860, unless the context clearly indicates otherwise: <br>(1) &quot;Agreement&quot; means the tourism development agreement entered into between the authority and an approved company; (2) &quot;Approved company&quot; means any eligible company that has received final approval to receive incentives provided under KRS 148.853; (3) &quot;Approved costs&quot; means the amount of eligible costs approved by the authority upon completion of the project; (4) &quot;Authority&quot; means the Kentucky Tourism Development Finance Authority as set forth in KRS 148.850; (5) &quot;Cabinet&quot; means the Tourism, Arts and Heritage Cabinet; <br>(6) &quot;Crafts and products center&quot; means a facility primarily devoted to the display, promotion, and sale of Kentucky products, and at which a minimum of eighty <br>percent (80%) of the sales occurring at the facility are of Kentucky arts, crafts, or <br>agricultural products; (7) &quot;Eligible company&quot; means any corporation, limited liability company, partnership, limited partnership, sole proprietorship, business trust, or any other entity operating <br>or intending to operate a tourism development project; (8) &quot;Eligible costs&quot; means: (a) Obligations incurred for labor and amounts paid to vendors, contractors, subcontractors, builders, suppliers, deliverymen, and materialmen in <br>connection with the acquisition, construction, equipping, and installation of a <br>tourism development project; (b) The costs of acquiring real property or rights include the acquisition of real property by a leasehold interest with a minimum term of ten (10) years, and <br>any costs incidental thereto; (c) The cost of contract bonds and of insurance of all kinds that may be required or necessary during the course of the acquisition, construction, equipping, and <br>installation of a tourism development project which is not paid by the vendor, <br>supplier, deliveryman, contractor, or otherwise provided; (d) All costs of architectural and engineering services, including but not limited to estimates, plans and specifications, preliminary investigations, and <br>supervision of construction and installation, as well as for the performance of <br>all the duties required by or consequent to the acquisition, construction, <br>equipping, and installation of a tourism development project; (e) All costs required to be paid under the terms of any contract for the acquisition, construction, equipping, and installation of a tourism <br>development project; (f) All costs required for the installation of utilities, including but not limited to water, sewer, sewer treatment, gas, electricity and communications, and <br>including off-site construction of the facilities paid for by the approved <br>company; and (g) All other costs comparable with those described in this subsection, excluding costs subject to refund under KRS 154.20-202, 154.20-204, 154.20-206, <br>154.20-208, and 154.20-210 or Subchapter 31 of KRS Chapter 154; (9) &quot;Entertainment destination center project&quot; means a facility that meets the requirements of KRS 148.853(2)(b); (10) &quot;Final approval&quot; means the action taken by the authority authorizing the eligible company to receive incentives under KRS 139.536 and 148.851 to 148.860; (11) &quot;Full-service lodging facility&quot; means a facility that provides overnight sleeping accommodations, including private bathrooms and all of the following: <br>(a) On-site dining facilities; <br>(b) Room service; <br>(c) Catering: and <br>(d) Meeting space; (12) &quot;Incentives&quot; means the Kentucky sales tax refund as prescribed in KRS 139.536; <br>(13) &quot;Kentucky sales tax&quot; means the sales tax imposed by KRS 139.200; <br>(14) &quot;Lodging facility project&quot; means a full-service lodging facility that: (a) Is located on recreational property owned or leased by the Commonwealth or the federal government; (b) Involves the restoration or rehabilitation of a structure that: 1. Is listed individually on the National Register of Historic Places; or 2. Is located in the National Register Historic District; and is certified by the Kentucky Heritage Council as contributing to the historic <br>significance of the district, and the rehabilitation or restoration of the structure <br>has been approved in advance by the Kentucky Heritage Council; (c) Is an integral part of a major convention or sports facility; <br>(d) Is located: 1. Within a fifty (50) mile radius of a property listed on the National <br>Register of Historic Places with a current function of recreation and <br>culture; and 2. In any of the one hundred (100) least-populated counties in the <br>Commonwealth, in terms of population density, according to the most <br>recent census; (e) Is located on property: 1. Owned by the Commonwealth, or leased by the Commonwealth from <br>the federal government; 2. Acquired for use in the state park system pursuant to KRS 148.028; and 3. Operated by the Kentucky Department of Parks pursuant to KRS <br>148.021 or the Kentucky Horse Park Commission pursuant to KRS <br>148.258 to 148.320; (f) Is located on property: 1. Owned or leased by the federal government and under the control of the <br>Department of the Interior; or 2. Owned by the Commonwealth and in the custody of the State Fair Board <br>as provided in KRS 247.140; (g) Is part of a tourism attraction project, entertainment destination center project, or theme restaurant destination attraction project and the full-service lodging <br>facility represents less than fifty percent (50%) of the total eligible costs; or (h) Has not less than five hundred (500) guest rooms: (15) &quot;Net positive fiscal impact&quot; means the amount by which increased state tax revenues will exceed the incentives given; (16) &quot;Preliminary approval&quot; means the action taken by the authority conditionally approving an eligible company for the incentives under KRS 139.536 and 148.851 <br>to 148.860; (17) &quot;Recreational facility&quot; means a structure or outdoor area that: (a) Provides visitors recreational opportunities, including but not limited to amusement parks, boating, hiking, horseback riding, hunting, fishing, <br>camping, wildlife viewing, live theater, rock climbing, and all-terrain vehicle <br>trails; and (b) Serves as a likely destination where individuals who are not residents of the Commonwealth would remain overnight in commercial lodging at or near the <br>recreational facility; (18) &quot;Theme restaurant destination attraction project&quot; means a restaurant facility that meets the requirements for incentives under KRS 148.853(2)(c); (19) (a) &quot;Tourism attraction project&quot; means: 1. A cultural or historical site; 2. A recreational facility; 3. An entertainment facility; 4. An area of natural phenomenon or scenic beauty; or 5. A Kentucky crafts and products center; (b) &quot;Tourism attraction project&quot; does not include facilities that are primarily devoted to the retail sale of goods, other than a Kentucky crafts and products <br>center, or a tourism attraction where the sale of goods is a secondary and <br>subordinate component of the attraction; and (20) &quot;Tourism development project&quot; means: (a) A tourism attraction project; <br>(b) A theme restaurant destination attraction project; <br>(c) An entertainment destination center project; or <br>(d) A lodging facility project. Effective: June 26, 2009 <br>History: Amended 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 36, effective June 26, 2009. -- Amended 2009 Ky. Acts ch. 16, sec. 27, effective June 25, 2009. -- Amended 2006 Ky. Acts ch. 149, sec. 206, effective July 12, 2006. -- Amended 2005 <br>Ky. Acts ch. 95, sec. 24, effective June 20, 2005; ch. 184, sec. 15, effective June 20, <br>2005; and ch. 168, sec. 46, effective March 18, 2005. -- Amended 2004 Ky. Acts <br>ch. 105, sec. 23, effective July 13, 2004. -- Amended 2003 Ky. Acts ch. 73, sec. 3, <br>effective March 18, 2003. -- Amended 2002 Ky. Acts ch. 338, sec. 43, effective <br>April 11, 2002. -- Repealed, reenacted, and amended 2001 Ky. Acts ch. 1, sec. 2, <br>effective June 21, 2001. -- Amended 2000 Ky. Acts ch. 1, sec. 1, effective February <br>7, 2000. -- Amended 1998 Ky. Acts ch. 48, sec. 11, effective July 15, 1998; and <br>ch. 238, sec. 1, effective April 1, 1998. -- Created 1996 Ky. Acts ch. 335, sec. 1, <br>effective July 15, 1996. Legislative Research Commission Note (6/26/2009). In 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 36, because of a manifest clerical or typographical error, the <br>definition of &quot;authority,&quot; referring to the Kentucky Tourism Development Finance <br>Authority, was inadvertently deleted from this statute. It has been restored in <br>codification by the Reviser of Statutes under the authority of KRS 7.136 and <br>subsequent subsections have been renumbered accordingly. Legislative Research Commission Note (6/26/2009). For the purpose of clarification and after consultation with the drafter, the internal numbering of renumbered <br>subsection (14) of this statute has been changed by the Reviser of Statutes from the <br>way it appeared in 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 36, subsec. (13), under <br>the authority of KRS 7.136. Legislative Research Commission Note (3/18/2005). 2005 Ky. Acts ch. 168, sec. 165, provides that the amendments to KRS 148.851 in 2005 Ky. Acts ch. 168, sec. 46, <br>&quot;relating to income tax changes and incentives, shall apply to tax years beginning on <br>or after January 1, 2005.&quot; Legislative Research Commission Note (6/21/2001). This is former KRS 154.29-010 as amended by 2001 Ky. Acts ch. 1, sec. 2, and renumbered by the Reviser of <br>Statutes under KRS 7.136(1).

State Codes and Statutes

Statutes > Kentucky > 148-00 > 851

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148.851 Definitions for KRS 148.851 to 148.860. As used in 148.851 to 148.860, unless the context clearly indicates otherwise: <br>(1) &quot;Agreement&quot; means the tourism development agreement entered into between the authority and an approved company; (2) &quot;Approved company&quot; means any eligible company that has received final approval to receive incentives provided under KRS 148.853; (3) &quot;Approved costs&quot; means the amount of eligible costs approved by the authority upon completion of the project; (4) &quot;Authority&quot; means the Kentucky Tourism Development Finance Authority as set forth in KRS 148.850; (5) &quot;Cabinet&quot; means the Tourism, Arts and Heritage Cabinet; <br>(6) &quot;Crafts and products center&quot; means a facility primarily devoted to the display, promotion, and sale of Kentucky products, and at which a minimum of eighty <br>percent (80%) of the sales occurring at the facility are of Kentucky arts, crafts, or <br>agricultural products; (7) &quot;Eligible company&quot; means any corporation, limited liability company, partnership, limited partnership, sole proprietorship, business trust, or any other entity operating <br>or intending to operate a tourism development project; (8) &quot;Eligible costs&quot; means: (a) Obligations incurred for labor and amounts paid to vendors, contractors, subcontractors, builders, suppliers, deliverymen, and materialmen in <br>connection with the acquisition, construction, equipping, and installation of a <br>tourism development project; (b) The costs of acquiring real property or rights include the acquisition of real property by a leasehold interest with a minimum term of ten (10) years, and <br>any costs incidental thereto; (c) The cost of contract bonds and of insurance of all kinds that may be required or necessary during the course of the acquisition, construction, equipping, and <br>installation of a tourism development project which is not paid by the vendor, <br>supplier, deliveryman, contractor, or otherwise provided; (d) All costs of architectural and engineering services, including but not limited to estimates, plans and specifications, preliminary investigations, and <br>supervision of construction and installation, as well as for the performance of <br>all the duties required by or consequent to the acquisition, construction, <br>equipping, and installation of a tourism development project; (e) All costs required to be paid under the terms of any contract for the acquisition, construction, equipping, and installation of a tourism <br>development project; (f) All costs required for the installation of utilities, including but not limited to water, sewer, sewer treatment, gas, electricity and communications, and <br>including off-site construction of the facilities paid for by the approved <br>company; and (g) All other costs comparable with those described in this subsection, excluding costs subject to refund under KRS 154.20-202, 154.20-204, 154.20-206, <br>154.20-208, and 154.20-210 or Subchapter 31 of KRS Chapter 154; (9) &quot;Entertainment destination center project&quot; means a facility that meets the requirements of KRS 148.853(2)(b); (10) &quot;Final approval&quot; means the action taken by the authority authorizing the eligible company to receive incentives under KRS 139.536 and 148.851 to 148.860; (11) &quot;Full-service lodging facility&quot; means a facility that provides overnight sleeping accommodations, including private bathrooms and all of the following: <br>(a) On-site dining facilities; <br>(b) Room service; <br>(c) Catering: and <br>(d) Meeting space; (12) &quot;Incentives&quot; means the Kentucky sales tax refund as prescribed in KRS 139.536; <br>(13) &quot;Kentucky sales tax&quot; means the sales tax imposed by KRS 139.200; <br>(14) &quot;Lodging facility project&quot; means a full-service lodging facility that: (a) Is located on recreational property owned or leased by the Commonwealth or the federal government; (b) Involves the restoration or rehabilitation of a structure that: 1. Is listed individually on the National Register of Historic Places; or 2. Is located in the National Register Historic District; and is certified by the Kentucky Heritage Council as contributing to the historic <br>significance of the district, and the rehabilitation or restoration of the structure <br>has been approved in advance by the Kentucky Heritage Council; (c) Is an integral part of a major convention or sports facility; <br>(d) Is located: 1. Within a fifty (50) mile radius of a property listed on the National <br>Register of Historic Places with a current function of recreation and <br>culture; and 2. In any of the one hundred (100) least-populated counties in the <br>Commonwealth, in terms of population density, according to the most <br>recent census; (e) Is located on property: 1. Owned by the Commonwealth, or leased by the Commonwealth from <br>the federal government; 2. Acquired for use in the state park system pursuant to KRS 148.028; and 3. Operated by the Kentucky Department of Parks pursuant to KRS <br>148.021 or the Kentucky Horse Park Commission pursuant to KRS <br>148.258 to 148.320; (f) Is located on property: 1. Owned or leased by the federal government and under the control of the <br>Department of the Interior; or 2. Owned by the Commonwealth and in the custody of the State Fair Board <br>as provided in KRS 247.140; (g) Is part of a tourism attraction project, entertainment destination center project, or theme restaurant destination attraction project and the full-service lodging <br>facility represents less than fifty percent (50%) of the total eligible costs; or (h) Has not less than five hundred (500) guest rooms: (15) &quot;Net positive fiscal impact&quot; means the amount by which increased state tax revenues will exceed the incentives given; (16) &quot;Preliminary approval&quot; means the action taken by the authority conditionally approving an eligible company for the incentives under KRS 139.536 and 148.851 <br>to 148.860; (17) &quot;Recreational facility&quot; means a structure or outdoor area that: (a) Provides visitors recreational opportunities, including but not limited to amusement parks, boating, hiking, horseback riding, hunting, fishing, <br>camping, wildlife viewing, live theater, rock climbing, and all-terrain vehicle <br>trails; and (b) Serves as a likely destination where individuals who are not residents of the Commonwealth would remain overnight in commercial lodging at or near the <br>recreational facility; (18) &quot;Theme restaurant destination attraction project&quot; means a restaurant facility that meets the requirements for incentives under KRS 148.853(2)(c); (19) (a) &quot;Tourism attraction project&quot; means: 1. A cultural or historical site; 2. A recreational facility; 3. An entertainment facility; 4. An area of natural phenomenon or scenic beauty; or 5. A Kentucky crafts and products center; (b) &quot;Tourism attraction project&quot; does not include facilities that are primarily devoted to the retail sale of goods, other than a Kentucky crafts and products <br>center, or a tourism attraction where the sale of goods is a secondary and <br>subordinate component of the attraction; and (20) &quot;Tourism development project&quot; means: (a) A tourism attraction project; <br>(b) A theme restaurant destination attraction project; <br>(c) An entertainment destination center project; or <br>(d) A lodging facility project. Effective: June 26, 2009 <br>History: Amended 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 36, effective June 26, 2009. -- Amended 2009 Ky. Acts ch. 16, sec. 27, effective June 25, 2009. -- Amended 2006 Ky. Acts ch. 149, sec. 206, effective July 12, 2006. -- Amended 2005 <br>Ky. Acts ch. 95, sec. 24, effective June 20, 2005; ch. 184, sec. 15, effective June 20, <br>2005; and ch. 168, sec. 46, effective March 18, 2005. -- Amended 2004 Ky. Acts <br>ch. 105, sec. 23, effective July 13, 2004. -- Amended 2003 Ky. Acts ch. 73, sec. 3, <br>effective March 18, 2003. -- Amended 2002 Ky. Acts ch. 338, sec. 43, effective <br>April 11, 2002. -- Repealed, reenacted, and amended 2001 Ky. Acts ch. 1, sec. 2, <br>effective June 21, 2001. -- Amended 2000 Ky. Acts ch. 1, sec. 1, effective February <br>7, 2000. -- Amended 1998 Ky. Acts ch. 48, sec. 11, effective July 15, 1998; and <br>ch. 238, sec. 1, effective April 1, 1998. -- Created 1996 Ky. Acts ch. 335, sec. 1, <br>effective July 15, 1996. Legislative Research Commission Note (6/26/2009). In 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 36, because of a manifest clerical or typographical error, the <br>definition of &quot;authority,&quot; referring to the Kentucky Tourism Development Finance <br>Authority, was inadvertently deleted from this statute. It has been restored in <br>codification by the Reviser of Statutes under the authority of KRS 7.136 and <br>subsequent subsections have been renumbered accordingly. Legislative Research Commission Note (6/26/2009). For the purpose of clarification and after consultation with the drafter, the internal numbering of renumbered <br>subsection (14) of this statute has been changed by the Reviser of Statutes from the <br>way it appeared in 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 36, subsec. (13), under <br>the authority of KRS 7.136. Legislative Research Commission Note (3/18/2005). 2005 Ky. Acts ch. 168, sec. 165, provides that the amendments to KRS 148.851 in 2005 Ky. Acts ch. 168, sec. 46, <br>&quot;relating to income tax changes and incentives, shall apply to tax years beginning on <br>or after January 1, 2005.&quot; Legislative Research Commission Note (6/21/2001). This is former KRS 154.29-010 as amended by 2001 Ky. Acts ch. 1, sec. 2, and renumbered by the Reviser of <br>Statutes under KRS 7.136(1).

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 148-00 > 851

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148.851 Definitions for KRS 148.851 to 148.860. As used in 148.851 to 148.860, unless the context clearly indicates otherwise: <br>(1) &quot;Agreement&quot; means the tourism development agreement entered into between the authority and an approved company; (2) &quot;Approved company&quot; means any eligible company that has received final approval to receive incentives provided under KRS 148.853; (3) &quot;Approved costs&quot; means the amount of eligible costs approved by the authority upon completion of the project; (4) &quot;Authority&quot; means the Kentucky Tourism Development Finance Authority as set forth in KRS 148.850; (5) &quot;Cabinet&quot; means the Tourism, Arts and Heritage Cabinet; <br>(6) &quot;Crafts and products center&quot; means a facility primarily devoted to the display, promotion, and sale of Kentucky products, and at which a minimum of eighty <br>percent (80%) of the sales occurring at the facility are of Kentucky arts, crafts, or <br>agricultural products; (7) &quot;Eligible company&quot; means any corporation, limited liability company, partnership, limited partnership, sole proprietorship, business trust, or any other entity operating <br>or intending to operate a tourism development project; (8) &quot;Eligible costs&quot; means: (a) Obligations incurred for labor and amounts paid to vendors, contractors, subcontractors, builders, suppliers, deliverymen, and materialmen in <br>connection with the acquisition, construction, equipping, and installation of a <br>tourism development project; (b) The costs of acquiring real property or rights include the acquisition of real property by a leasehold interest with a minimum term of ten (10) years, and <br>any costs incidental thereto; (c) The cost of contract bonds and of insurance of all kinds that may be required or necessary during the course of the acquisition, construction, equipping, and <br>installation of a tourism development project which is not paid by the vendor, <br>supplier, deliveryman, contractor, or otherwise provided; (d) All costs of architectural and engineering services, including but not limited to estimates, plans and specifications, preliminary investigations, and <br>supervision of construction and installation, as well as for the performance of <br>all the duties required by or consequent to the acquisition, construction, <br>equipping, and installation of a tourism development project; (e) All costs required to be paid under the terms of any contract for the acquisition, construction, equipping, and installation of a tourism <br>development project; (f) All costs required for the installation of utilities, including but not limited to water, sewer, sewer treatment, gas, electricity and communications, and <br>including off-site construction of the facilities paid for by the approved <br>company; and (g) All other costs comparable with those described in this subsection, excluding costs subject to refund under KRS 154.20-202, 154.20-204, 154.20-206, <br>154.20-208, and 154.20-210 or Subchapter 31 of KRS Chapter 154; (9) &quot;Entertainment destination center project&quot; means a facility that meets the requirements of KRS 148.853(2)(b); (10) &quot;Final approval&quot; means the action taken by the authority authorizing the eligible company to receive incentives under KRS 139.536 and 148.851 to 148.860; (11) &quot;Full-service lodging facility&quot; means a facility that provides overnight sleeping accommodations, including private bathrooms and all of the following: <br>(a) On-site dining facilities; <br>(b) Room service; <br>(c) Catering: and <br>(d) Meeting space; (12) &quot;Incentives&quot; means the Kentucky sales tax refund as prescribed in KRS 139.536; <br>(13) &quot;Kentucky sales tax&quot; means the sales tax imposed by KRS 139.200; <br>(14) &quot;Lodging facility project&quot; means a full-service lodging facility that: (a) Is located on recreational property owned or leased by the Commonwealth or the federal government; (b) Involves the restoration or rehabilitation of a structure that: 1. Is listed individually on the National Register of Historic Places; or 2. Is located in the National Register Historic District; and is certified by the Kentucky Heritage Council as contributing to the historic <br>significance of the district, and the rehabilitation or restoration of the structure <br>has been approved in advance by the Kentucky Heritage Council; (c) Is an integral part of a major convention or sports facility; <br>(d) Is located: 1. Within a fifty (50) mile radius of a property listed on the National <br>Register of Historic Places with a current function of recreation and <br>culture; and 2. In any of the one hundred (100) least-populated counties in the <br>Commonwealth, in terms of population density, according to the most <br>recent census; (e) Is located on property: 1. Owned by the Commonwealth, or leased by the Commonwealth from <br>the federal government; 2. Acquired for use in the state park system pursuant to KRS 148.028; and 3. Operated by the Kentucky Department of Parks pursuant to KRS <br>148.021 or the Kentucky Horse Park Commission pursuant to KRS <br>148.258 to 148.320; (f) Is located on property: 1. Owned or leased by the federal government and under the control of the <br>Department of the Interior; or 2. Owned by the Commonwealth and in the custody of the State Fair Board <br>as provided in KRS 247.140; (g) Is part of a tourism attraction project, entertainment destination center project, or theme restaurant destination attraction project and the full-service lodging <br>facility represents less than fifty percent (50%) of the total eligible costs; or (h) Has not less than five hundred (500) guest rooms: (15) &quot;Net positive fiscal impact&quot; means the amount by which increased state tax revenues will exceed the incentives given; (16) &quot;Preliminary approval&quot; means the action taken by the authority conditionally approving an eligible company for the incentives under KRS 139.536 and 148.851 <br>to 148.860; (17) &quot;Recreational facility&quot; means a structure or outdoor area that: (a) Provides visitors recreational opportunities, including but not limited to amusement parks, boating, hiking, horseback riding, hunting, fishing, <br>camping, wildlife viewing, live theater, rock climbing, and all-terrain vehicle <br>trails; and (b) Serves as a likely destination where individuals who are not residents of the Commonwealth would remain overnight in commercial lodging at or near the <br>recreational facility; (18) &quot;Theme restaurant destination attraction project&quot; means a restaurant facility that meets the requirements for incentives under KRS 148.853(2)(c); (19) (a) &quot;Tourism attraction project&quot; means: 1. A cultural or historical site; 2. A recreational facility; 3. An entertainment facility; 4. An area of natural phenomenon or scenic beauty; or 5. A Kentucky crafts and products center; (b) &quot;Tourism attraction project&quot; does not include facilities that are primarily devoted to the retail sale of goods, other than a Kentucky crafts and products <br>center, or a tourism attraction where the sale of goods is a secondary and <br>subordinate component of the attraction; and (20) &quot;Tourism development project&quot; means: (a) A tourism attraction project; <br>(b) A theme restaurant destination attraction project; <br>(c) An entertainment destination center project; or <br>(d) A lodging facility project. Effective: June 26, 2009 <br>History: Amended 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 36, effective June 26, 2009. -- Amended 2009 Ky. Acts ch. 16, sec. 27, effective June 25, 2009. -- Amended 2006 Ky. Acts ch. 149, sec. 206, effective July 12, 2006. -- Amended 2005 <br>Ky. Acts ch. 95, sec. 24, effective June 20, 2005; ch. 184, sec. 15, effective June 20, <br>2005; and ch. 168, sec. 46, effective March 18, 2005. -- Amended 2004 Ky. Acts <br>ch. 105, sec. 23, effective July 13, 2004. -- Amended 2003 Ky. Acts ch. 73, sec. 3, <br>effective March 18, 2003. -- Amended 2002 Ky. Acts ch. 338, sec. 43, effective <br>April 11, 2002. -- Repealed, reenacted, and amended 2001 Ky. Acts ch. 1, sec. 2, <br>effective June 21, 2001. -- Amended 2000 Ky. Acts ch. 1, sec. 1, effective February <br>7, 2000. -- Amended 1998 Ky. Acts ch. 48, sec. 11, effective July 15, 1998; and <br>ch. 238, sec. 1, effective April 1, 1998. -- Created 1996 Ky. Acts ch. 335, sec. 1, <br>effective July 15, 1996. Legislative Research Commission Note (6/26/2009). In 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 36, because of a manifest clerical or typographical error, the <br>definition of &quot;authority,&quot; referring to the Kentucky Tourism Development Finance <br>Authority, was inadvertently deleted from this statute. It has been restored in <br>codification by the Reviser of Statutes under the authority of KRS 7.136 and <br>subsequent subsections have been renumbered accordingly. Legislative Research Commission Note (6/26/2009). For the purpose of clarification and after consultation with the drafter, the internal numbering of renumbered <br>subsection (14) of this statute has been changed by the Reviser of Statutes from the <br>way it appeared in 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 36, subsec. (13), under <br>the authority of KRS 7.136. Legislative Research Commission Note (3/18/2005). 2005 Ky. Acts ch. 168, sec. 165, provides that the amendments to KRS 148.851 in 2005 Ky. Acts ch. 168, sec. 46, <br>&quot;relating to income tax changes and incentives, shall apply to tax years beginning on <br>or after January 1, 2005.&quot; Legislative Research Commission Note (6/21/2001). This is former KRS 154.29-010 as amended by 2001 Ky. Acts ch. 1, sec. 2, and renumbered by the Reviser of <br>Statutes under KRS 7.136(1).