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: 
Louisville
Jurisdiction type
Municipality
Fiscal year ending In: 
2020
Program name: 
Kentucky Jobs Retention Act (KJRA); Kentucky Business Investment (KBI) Program; Kentucky Industrial Revitalization Act (KIRA)
Program purpose
Job retention; capital investment; agricultural development
Statutory authority
Kentucky Revised Statute 154.32; Kentucky Revised Statute 154.26.
Abating jurisdiction(s)
Louisville, Kentucky
Applicable taxes: 
Occupational License Fees
Method of abatement
Tax credit; tax rebate
Provisions for recapture
(not specified)
Gross revenue loss
$3,924,221
Reimbursement / offset
$0
Net revenue loss
$3,924,221
Type of loss
Active
Additional notes on dislosure: 
(none)