State incentives to help bring a NASCAR Sprint Cup race to Kentucky have been approved in Frankfort. And another proposed attraction in northern Kentucky is seeking similar tax breaks.
Asked by reporters about using taxpayer dollars for a religious theme park, Beshear – a former attorney general – expressed confidence in its legality.
The park, which will include a full-scale replica of Noah’s Ark, is being developed by the same organization behind the Creation Museum in Petersburg.
From Kentucky Public Radio’s Tony McVeigh Kentucky has about 70,000 small businesses, and a bill giving them some tax incentives is moving in the 2009 General Assembly. The measure, sponsored by South Shore Rep. Tanya Pullin, would allow small businesses to apply for a tax credit if they spend five thousand dollars on technology or… Continue reading Bill Would Provide Tax Incentives For Small Businesses
Legislation proposing tax incentives for the film industry is in the works for the upcoming Kentucky General Assembly, but questions remain on how it would work, especially during an economic downturn.
The big news in the bail out bill is, well, the bail out, the emergency economic measures. But lawmakers tacked on many energy and environment-related amendments, including the extension of certain renewable energy tax credits.