Kentucky Reinvestment Act (KRA)
Minimum Investment: $2,500,000 for owned projects; $1,000,000 for leased projects.
Eligible companies include manufacturing, non-retail service or technology activities, agribusiness, headquarters operations, hospital operations, coal severing and processing, alternative fuel, gasification, energy-efficient alternative fuels, renewable energy production, or carbon dioxide transmission pipelines that have been operating at a location within the Commonwealth on a permanent basis for a reasonable period of time preceding the request for assistance. Eligible equipment and related costs do not include repair or replacement due to normal wear and usage. Rent costs are also not considered an eligible expense. May not claim more than 20% of incentive in any year.
Category: State