The Governor's budget calls for program reductions that impact UK programs important to economic development in the region, such as the Center for Applied Energy Research ($2.63 million) and the Center for Entrepreneurship ($612,900), which funds the Small Business Development Centers across the state.
This session, Commerce Lexington Inc. is also supporting legislation related to medical liability reform (HB 4, SB 2) to lower health care costs, essential skills curriculum for K-12 education (HB 3), workers compensation system modernization (HB 2), and extending angel investor tax credit programs (HB 312) that help local technology start-up businesses. Business-friendly legislation related to modernizing the state’s unemployment insurance system is also expected to receive attention this session.
Commerce Lexington continues to monitor legislation and provide regular e-mail updates about activity in Frankfort to keep you informed about the issues impacting the business community. If you have questions or concerns, contact Andi Johnson, CLX Chief Policy Officer, at (859) 226-1614.