Owensboro, Kentucky — Accompanied by community and business leaders in Owensboro, Gov. Steve Beshear took part in a bill signing for House Bill 3, which includes new and expanded business incentive programs to encourage job growth and capital investment in Kentucky.
The Incentives for a New Kentucky bill, sponsored by Rep. Tommy Thompson of Owensboro, streamlines and modernizes Kentucky’s business incentive programs including the consolidation of four long-standing programs, Kentucky Rural Economic Development Act, Kentucky Industrial Development Act, Kentucky Jobs Development Act, and Kentucky Economic Opportunity Zone Act, into a single, more flexible tax incentive program called the Kentucky Business Investment (KBI) Program.(Manafacturing & Techonology ejournal, August 12, 2009)
Filed under: Business Development, Funding, Good News, Northern Kentucky, entrepreneurship, loans, small business
