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Read. Follow. Verify.Kentucky HB 819 amends rules for the state economic development fund and committee review procedures
Last action · March 13, 2026: taken from Economic Development & Workforce Investment (H) 1st reading returned to Economic Development & Workforce Investment (H)Sponsor: David Osborne
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What This Bill Proposed
Kentucky HB 819 updates statutory requirements governing the state's economic development fund, including project selection criteria, application commitments, committee review procedures, and annual reporting deadlines. The measure specifies funding eligibility rules, requires written agreements between the Cabinet for Economic Development and project applicants, and mandates annual reports by November 1.
Changes the administrative hurdles, review processes, and reporting obligations for public and private organizations seeking state economic development funds or undertaking airport construction and renovation projects.
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Cabinet for Economic Development
Must administer the fund, promulgate administrative regulations, execute written agreements, and prepare an annual report by November 1.
Capital Projects and Bond Oversight Committee
Must review and approve projects at its regularly scheduled meeting following authority approval.
State Property and Buildings Commission
Issues bonds for the economic development fund and must review and approve projects at its regularly scheduled meeting.
Key Facts
- The economic development fund is authorized by the General Assembly and funded through bond issuance by the State Property and Buildings Commission or other appropriations.
- The secretary of the Cabinet for Economic Development administers the fund and must promulgate administrative regulations for project selection criteria including job creation/retention, involvement, payback conditions, and investment amount.
- Applicants must submit a written commitment outlining projected job creation and retention, investment breakdowns, and project descriptions prior to submission to the authority.
- State agency projects are generally ineligible for economic development fund financing unless expressly provided in a branch budget bill, but airport construction and renovation projects are explicitly eligible.
Show all 7 facts
- Projects must be reviewed and approved at regularly scheduled meetings of the Capital Projects and Bond Oversight Committee and the State Property and Buildings Commission following approval by the authority.
- Fund issuance during any biennium cannot exceed the fund balance, and authorized biennial funds carry forward without lapsing.
- The Cabinet for Economic Development must prepare and post an annual report to its website by November 1 detailing funds issued, disbursed, paid back, and balances owing over the previous five fiscal years.
Frequently Asked Questions
Who administers the economic development fund?
Are state agency projects eligible for funding from the economic development fund?
What committees must review and approve projects after authority approval?
When is the annual report due?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died at adjournment · in House committee.
Procedural history
3 actions- Mar 13, 2026HouseCommitteetaken from Economic Development & Workforce Investment (H) 1st reading returned to Economic Development & Workforce Investment (H)
- Mar 9, 2026HouseCommitteeto Economic Development & Workforce Investment (H)
- Mar 2, 2026HouseIntroducedintroduced in House to Committee on Committees (H)
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Connected Entities
Sources
apps.legislature.ky.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 45)
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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