Kentucky Statutes 154.27-095 – Applications for certain incentives not accepted after August 1, 2018
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No application for incentives found in KRS § 154.27-010 to KRS § 154.27-100 shall be accepted by the authority for alternative fuel facilities, gasification facility, energy-efficient facility, renewable energy facility, or a carbon dioxide transmission pipeline after August 1, 2018. All outstanding projects with preliminary or final approval shall continue to be governed by the provisions of this subchapter.
Effective:July 1, 2021
History: Amended 2021 Ky. Acts ch. 141, sec. 4, effective July 1, 2021. — Created
2018 Ky. Acts ch. 199, sec. 27, effective July 14, 2018.
Effective:July 1, 2021
Terms Used In Kentucky Statutes 154.27-095
- Authority: means the Kentucky Economic Development Finance Authority established by KRS §. See Kentucky Statutes 154.27-010
- Carbon dioxide transmission pipeline: means the in-state portion of a pipeline, including appurtenant facilities, property rights, and easements, that is used exclusively for the purpose of transporting carbon dioxide to a point of sale, storage, or other carbon management applications. See Kentucky Statutes 154.27-010
- Facility: means a single location within the Commonwealth at which machinery and equipment are used:
1. See Kentucky Statutes 154.27-010 - Renewable energy facility: means a facility located in Kentucky that is newly constructed on or after August 30, 2007, or an existing facility located in Kentucky that is retrofitted or upgraded after August 30, 2007, and that, after the new construction, retrofit, or upgrade, utilizes:
(a) Wind power, biomass resources, landfill methane gas, hydropower, or other similar renewable resources to generate electricity in excess of one (1) megawatt for sale to unrelated entities. See Kentucky Statutes 154.27-010
History: Amended 2021 Ky. Acts ch. 141, sec. 4, effective July 1, 2021. — Created
2018 Ky. Acts ch. 199, sec. 27, effective July 14, 2018.