Tax Break Tracker Individual Entry

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: 
Kentucky
Reporting Jurisdiction: 
Bowling Green
Jurisdiction type
Municipality
Fiscal year ending In: 
2020
Program name: 
Job Development Incentive Program (JDIP)
Program purpose
Job creation/retention; Manufacturing
Statutory authority
(not specified)
Abating jurisdiction(s)
Bowling Green
Applicable taxes: 
Withholding taxes
Method of abatement
Tax credit
Provisions for recapture
Abated taxes of participating companies can be recaptured for a number reasons, including: failure to report or pay employee tax withholdings; failure to satisfy projected schedule of withholdings; failure to pay any tax, license fee, penalty or other charge or obligation to the City; failure to comply with any terms or conditions per Chapter 18 of City Code of Ordinances and/or incentive program agreement; material misrepresentation of any statement or fact on incentive application; abandoning or closing of business for a period of thirty (30) days; or default declared by the State Economic Development Cabinet on Kentucky Business Incentive (KBI) agreement.
Gross revenue loss
$1,478,600
Reimbursement / offset
$0
Net revenue loss
$1,478,600
Type of loss
Active
Additional notes on dislosure: 
(none)