Kentucky Statutes 45.590 – Exemptions
Current as of: 2024 | Check for updates
|
Other versions
A contractor or subcontractor otherwise subject to the provisions of KRS § 45.570 is exempt as to any affirmative action or reporting requirements if:
(1) The contract or subcontract awarded is in the amount of five hundred thousand dollars ($500,000) or less, and the amount of the contract is not a subterfuge to avoid compliance with the provisions of KRS § 45.560 to KRS § 45.640;
(2) The contractor or subcontractor utilizes the services of fewer than eight (8)
employees during the course of the contract;
(3) The contractor or subcontractor employs only family members or relatives;
(4) The contractor or subcontractor employs only persons having a direct ownership interest in the business, and such interest is not a subterfuge to avoid compliance with the provisions of KRS § 45.560 to KRS § 45.640; or
(5) The subcontract is below the second-tier level of contracts.
Effective: July 15, 2010
History: Repealed and reenacted 2010 Ky. Acts ch. 51, sec. 173, effective July 15,
2010. — Amended 2007 Ky. Acts ch. 137, sec. 173, effective June 26, 2007. — Created 1978 Ky. Acts ch. 130, sec. 5, effective June 17, 1978.
Legislative Research Commission Note (7/15/2010). 2010 Ky. Acts ch. 51, sec. 183, provides, “The specific textual provisions of Sections 1 to 178 of this Act which reflect amendments made to those sections by 2007 Ky. Acts ch. 137 shall be deemed effective as of June 26, 2007, and those provisions are hereby made expressly retroactive to that date, with the remainder of the text of those sections being unaffected by the provisions of this section.”
(1) The contract or subcontract awarded is in the amount of five hundred thousand dollars ($500,000) or less, and the amount of the contract is not a subterfuge to avoid compliance with the provisions of KRS § 45.560 to KRS § 45.640;
Terms Used In Kentucky Statutes 45.590
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
- Contract: A legal written agreement that becomes binding when signed.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
(2) The contractor or subcontractor utilizes the services of fewer than eight (8)
employees during the course of the contract;
(3) The contractor or subcontractor employs only family members or relatives;
(4) The contractor or subcontractor employs only persons having a direct ownership interest in the business, and such interest is not a subterfuge to avoid compliance with the provisions of KRS § 45.560 to KRS § 45.640; or
(5) The subcontract is below the second-tier level of contracts.
Effective: July 15, 2010
History: Repealed and reenacted 2010 Ky. Acts ch. 51, sec. 173, effective July 15,
2010. — Amended 2007 Ky. Acts ch. 137, sec. 173, effective June 26, 2007. — Created 1978 Ky. Acts ch. 130, sec. 5, effective June 17, 1978.
Legislative Research Commission Note (7/15/2010). 2010 Ky. Acts ch. 51, sec. 183, provides, “The specific textual provisions of Sections 1 to 178 of this Act which reflect amendments made to those sections by 2007 Ky. Acts ch. 137 shall be deemed effective as of June 26, 2007, and those provisions are hereby made expressly retroactive to that date, with the remainder of the text of those sections being unaffected by the provisions of this section.”