FRANKFORT, Ky. (3/9/17)
Yesterday, the Kentucky Senate gave final passage to a bill that will incentivize future growth of e-commerce operations in Kentucky.
In January, Amazon announced that it is bringing a $1.5 billion hub to northern Kentucky, resulting in an immediate 2,700 jobs, and more expected in the future. As part of the package to lure the company to Kentucky, the Legislature has now approved a $1 million annual aviation fuel tax incentive, which will solidify the current investment and encourage future growth.
“I applaud today’s action by the Senate to prioritize House Bill 368,” said Rep. St. Onge, the primary bill sponsor. “In order for Kentucky to be at the forefront of e-commerce, it is imperative that we are forward thinking and take the initiative to anticipate the ever-evolving model of today’s businesses.”
In a strong message that Kentucky is open for business, the Senate took swift action to cement the initial House action taken at the end of February. At the time, Rep. Diane St. Onge, R-Lakeside Park, stressed the importance of the need to be aggressive to attract the best jobs in the country.
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