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154.20.170 Priority consideration for certain businesses.

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154.20-170 Priority consideration for certain businesses. (1) Industrial entities, agricultural business entities, business enterprises, or private sector firms which are members of a business network within the meaning of KRS <br>154.01-010 in a targeted industrial sector as set forth in the state strategic plan for <br>economic development as prescribed in KRS 154.10-120, and businesses that <br>compose the secondary wood products industry as defined in KRS 154.47-005(10), <br>shall be given priority consideration under state economic development loan, grant, <br>and incentive programs administered by the Kentucky Economic Development <br>Finance Authority. (2) Notwithstanding the provisions of subsection (1) of this section, highest priority consideration under state economic development loan, grant, and incentive <br>programs administered by the authority shall be given to those projects that are <br>located in counties of Kentucky which have had an average countywide rate of <br>unemployment of fifteen percent (15%) or greater in the most recent twelve (12) <br>consecutive months for which unemployment figures are available, on the basis of <br>the final unemployment figures calculated by the Office of Employment and <br>Training within the Department of Workforce Investment in the Education and <br>Workforce Development Cabinet. Effective: June 25, 2009 <br>History: Amended 2009 Ky. Acts ch. 11, sec. 36, effective June 25, 2009. -- Amended 2006 Ky. Acts ch. 211, sec. 68, effective July 12, 2006. -- Amended 2002 Ky. Acts <br>ch. 65, sec. 4, effective July 15, 2002. -- Amended 2001 Ky. Acts ch. 133, sec. 1, <br>effective June 21, 2001. -- Created 1994 Ky. Acts ch. 390, sec. 11, effective July 15, <br>1994.