Skip to content
NOWCAST 비바카지노 Viva News at 11:00pm
Watch on Demand
코인카지노

Kentucky Senate president recaps legislative session

Kentucky Senate president recaps legislative session
WILL BE SHARED SOON. THE KENTUCKY SENATE PRESIDENT SAYS OUT OF 100 BILLS PASSED THIS LEGISLATIVE SESSION, A FEW STAND OUT. IN A SITDOWN INTERVIEW WITH 비바카지노 Viva TODAY, ROBERT STIVERS FOCUSED ON SENATE BILL ONE, WHICH ESTABLISHED A FILM OFFICE IN KENTUCKY, AS WELL AS HOUSE BILL ONE, WHICH LOWERED THE STATE INCOME TAX. HE SAYS THAT THESE TWO BILLS NOT ONLY DIVERSIFY THE STATE맥스카지노S ECONOMY, BUT ATTRACT MORE PEOPLE. HE ALSO SAYS LEGISLATORS HAD MANY DISCUSSIONS WITH LOUISVILLE MAYOR GREG GREENBERG. THE SESSION TO DEVELOP WAYS TO REVITALIZE DOWNTOWN LOUISVILLE, PARTICULARLY RELATED TO TAX INCREMENT FINANCING. SO THE MUSEUM PLAZA, WHICH WAS KIND OF A SUPER MOTEL IDEA FROM ABOUT 15, 20 YEARS AGO, HAS KIND OF BEEN BROUGHT BACK TO THE FRONT BURNER WITH SOME OF THE INCENTIVES WE PUT IN PLACE HELPING DOWNTOWN CONTINUE TO BE A TOURISM MECCA. LAWMAKERS WILL GAVEL BACK IN FOR
코인카지노
Kentucky Senate president recaps legislative session
Kentucky Senate President Robert Stivers sat down with 비바카지노 Viva News on Wednesday, recapping the legislative session. Out of around 100 bills passed this legislative session, Stivers says two stand out. Senate Bill 1, which establishes a film office in the state, and House Bill 1, which lowers the state's income tax from 4% to 3.5% at the start of 2026. He says SB1 will diversify the state's economy, while HB 1 will bring more people here. "And that's critical to being competitive with other states, and keeping people here and attracting people to come here because they will look, businesses will look at what your tax code is for their business, but also for their personnel," he said. He also talked about ways in which the legislature looked to revitalize downtown Louisville. "We did a couple of things that were specifically directed at redeveloping and revitalizing downtown, particularly related to tax increment financing. So the Museum Plaza, which was kind of a super motel idea from about 15, 20 years ago, has kind of been brought back to the front burner with some of the incentives we put in place, helping downtown continue to be a tourism mecca," he said. "The second thing was, we did a Yum! Center, what we call the Yum! Center carve out on tax increment financing, where you have a non-producing asset, a piece of property that does not have anything on it, create some incentives to develop on it. So, it will increase more property taxes. Because you increase the value, you create more jobs, you have more income taxes," he added. Gov. Andy Beshear sent a letter to legislators before the session ended, saying his office won't be able to enforce 11 bills because budget appropriations weren't provided. "The legislature sets the policy, and that's by Constitution," responded Stivers. "He executes, that's by Constitution, and so now he's saying he's not going to execute on what we have set the policy, which is, in my perspective, wrong."He says the legislature is already thinking about the next legislative session, which is a budget year.They gavel in for the 2026 session in nine months.

Kentucky Senate President Robert Stivers sat down with 비바카지노 Viva News on Wednesday, recapping the legislative session.

Out of around 100 bills passed this legislative session, Stivers says two stand out.

코인카지노

Senate Bill 1, which establishes a film office in the state, and House Bill 1, which lowers the state's income tax from 4% to 3.5% at the start of 2026.

He says SB1 will diversify the state's economy, while HB 1 will bring more people here.

"And that's critical to being competitive with other states, and keeping people here and attracting people to come here because they will look, businesses will look at what your tax code is for their business, but also for their personnel," he said.

He also talked about ways in which the legislature looked to revitalize downtown Louisville.

"We did a couple of things that were specifically directed at redeveloping and revitalizing downtown, particularly related to tax increment financing. So the Museum Plaza, which was kind of a super motel idea from about 15, 20 years ago, has kind of been brought back to the front burner with some of the incentives we put in place, helping downtown continue to be a tourism mecca," he said.

"The second thing was, we did a Yum! Center, what we call the Yum! Center carve out on tax increment financing, where you have a non-producing asset, a piece of property that does not have anything on it, create some incentives to develop on it. So, it will increase more property taxes. Because you increase the value, you create more jobs, you have more income taxes," he added.

Gov. Andy Beshear sent a letter to legislators before the session ended, saying his office won't be able to enforce 11 bills because budget appropriations weren't provided.

"The legislature sets the policy, and that's by Constitution," responded Stivers. "He executes, that's by Constitution, and so now he's saying he's not going to execute on what we have set the policy, which is, in my perspective, wrong."

He says the legislature is already thinking about the next legislative session, which is a budget year.

They gavel in for the 2026 session in nine months.