WeVote
Log In

Bill

Bill

HB 936

AN ACT relating to the Kentucky Business Investment Program.

2026 Regular Session Introduced by Steven Rudy

HB 936 modifies Kentucky's Business Investment Program incentives, potentially altering tax credits and business investment requirements to affect job creation and economic development outcomes statewide.

returned to Economic Development & Workforce Investment (H)
#businessentitiesandorganizations #economicdevelopment #smallbusiness #taxation
0
WeVote Research Nonpartisan
Bill Summary · HB 936

Legislative bill overview

HB 936 modifies Kentucky's Business Investment Program, which provides tax incentives and credits to businesses that meet certain investment and job creation thresholds. The bill is currently in early stages of the legislative process, having been introduced on March 4, 2026, and referred to the House Committee on Economic Development & Workforce Investment. Specific details about what modifications the bill proposes are not available in the provided information.

Why is this important

The Kentucky Business Investment Program is a major economic development tool that influences business location and expansion decisions within the state. Changes to this program can affect tax revenue, job creation targets, business competitiveness, and the state's ability to attract or retain companies across various industries. The program's design directly impacts both government finances and employment opportunities for Kentucky residents.

Potential points of contention

  • Tax revenue impact: Modifications could either increase or decrease the program's cost to the state budget, affecting available resources for other priorities like education or infrastructure
  • Program eligibility criteria: Changes to job creation requirements, investment thresholds, or sector targeting may benefit certain industries or regions while disadvantaging others
  • Program effectiveness: Questions about whether incentives actually drive new business activity or primarily reward businesses that would relocate/expand regardless of tax credits

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.