Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Kentucky |
Effected Jurisdiction: | Kentucky |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2021 |
Program name: | Kentucky Rural Economic Development (KREDA) |
Program purpose: | Manufacturing development |
Statutory authority: | Kentucky Revised Statutes 154.22-050 |
Abating jurisdiction(s): | State of Kentucky |
Applicable taxes: | Income Tax |
Method of abatement: | Tax Credit |
Provisions for recapture: | (no provisions for recapture) |
Gross revenue loss: | $6,715,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $6,715,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://finance.ky.gov/office-of-the-controller/office-of-statewide-acco... |