306 KAR 1:030. Eligibility requirements for expansion of an enterprise zone.

      RELATES TO: KRS 154.45-001-154.45-120

      STATUTORY AUTHORITY: KRS 154.45-070(1)

      NECESSITY, FUNCTION, AND CONFORMITY: KRS 154.45-070(1) requires the Enterprise Zone Authority of Kentucky to promulgate administrative regulations to monitor compliance by local governments and qualified businesses with the provisions of the Enterprise Zone Program. This administrative regulation establishes the method of determining eligibility for expansion of an existing enterprise zone.

      Section 1. Expansion of an Enterprise Zone. (1) The following information shall be determined by the most recent decennial United States census date available to Employment Services:

      (a) Average rate of unemployment as required by KRS 154.45-040(a); and

      (b) Income data required pursuant to KRS 154.45-040(b).

      (2) The decrease in population required pursuant to KRS 154.45-040(c) shall be determined by the most recent population data available and certified by Employment Services. (9 Ky.R. 750; eff. 1-6-83; Am. 10 Ky.R. 429; 879; eff. 12-2-83; 13 Ky.R. 2037; eff. 7-2-87; 18 Ky.R. 2877; eff. 4-14-92; 26 Ky.R. 1195; 1538; eff. 2-16-2000.)