INCENTIVE DESCRIPTION

State:	KY
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Training Credits
Description:	BLUEGRASS STATE SKILLS CORPORATION SKILLS TRAINING INVESTMENT CREDIT: Provides a nonrefundable credit towards Kentucky income tax for an occupational or skills upgrade training program.
Eligibility Requirements:	The tax credit is available for the following qualified businesses: manufacturing, agricultural & forestry processing, telecommunications, health care, product research & engineering, tool & die & machine technology, & transportation of freight in support of manufacturing. The tax credit is limited to $500 per employed Kentucky resident. The total ctedit for one company may not exceed $100,000 every biennium. Any company whose core business is the sale of retail goods is not eligible for the tax credit.
Geographic Restrictions:	Statewide
Granting Authority:	Bluegrass State Skills Corporation Board Of Directors
	HB 280

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.