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: 
Kentucky
Jurisdiction type
State
Fiscal year ending In: 
2019
Program name: 
Kentucky Rural Economic Development Act (KREDA)
Program purpose
Manufacturing expansion
Statutory authority
KRS 154.22-050
Abating jurisdiction(s)
State of Kentucky
Applicable taxes: 
Income Tax
Method of abatement
Tax credit
Provisions for recapture
(not specified)
Gross revenue loss
$25,432,000
Reimbursement / offset
$0
Net revenue loss
$25,432,000
Type of loss
Active
Additional notes on dislosure: 
(none)