154.35.010 Definitions for subchapter.

Download pdf

Loading PDF...


Page 1 of 1 154.35-010 Definitions for subchapter. As used in this subchapter, unless the context indicates otherwise: <br>(1) &quot;Beneficiary of an economic incentive package&quot; means any entity for which any assessment, incentive, inducement, or tax credit is issued or awarded pursuant to <br>KRS 154.22-010 to 154.22-070, KRS 154.24-010 to 154.24-150, KRS 154.26-015 <br>to 154.26-100, and KRS 154.28-010 to 154.28-090; (2) &quot;Board&quot; means the governance board of the Kentucky Science and Technology Council, Inc.; (3) &quot;Cabinet&quot; means the Cabinet for Economic Development; <br>(4) &quot;Center&quot; means either or both of the following as the context requires: (a) &quot;Basic research centers&quot; which means centers under contract with the University of Kentucky and the University of Louisville; and (b) &quot;Applied research centers&quot; which means centers for applied research and technologies development; (5) &quot;Commonwealth&quot; means the Commonwealth of Kentucky; <br>(6) &quot;Council&quot; means the Kentucky Science and Technology Council, Inc.; <br>(7) &quot;Fund&quot; means the Kentucky Research and Development Infrastructure fund created and established pursuant to KRS 154.35-040; (8) &quot;Infrastructure&quot; means the Kentucky Research and Development Infrastructure; <br>(9) &quot;Contracting university&quot; means any of the following that contract with the council to operate a center: the University of Kentucky, the University of Louisville, Eastern <br>Kentucky University, Western Kentucky University, Morehead State University, <br>Northern Kentucky University, Murray State University, and Kentucky State <br>University; and (10) &quot;Secretary&quot; means the secretary of the Cabinet for Economic Development. Effective: July 15, 1994 <br>History: Created 1994 Ky. Acts ch. 508, sec. 48, effective July 15, 1994.