Last week, Mayor Craig Greenberg presented his first proposed budget for the 2023-2024 fiscal year to the Louisville Metro Council. With $1.1 billion in operating and capital spending, this proposal represents the largest budget for the city in history with investments focusing on public safety, infrastructure, and transparency. With a…
This editorial originally appeared in Louisville Business First on April 10, 2023 Last month, Kentucky posted the lowest unemployment rate in recorded state history at 3.9%. This number means most Kentuckians who are seeking work are working, but over 30% of eligible workers are not actively looking for work and…
After changes on the final day of the 2023 legislative session, lawmakers passed House Bill 5, sponsored by House Appropriations & Revenue Chair Jason Petrie (R-Elkton). House Bill 5 initiates the phase out of the tax on barrels of aging spirits in Kentucky. Distilling remains Kentucky’s highest taxed industry. The…
UPDATED: Kentucky employers will now be able to apply for the Employee Child Care Assistance Partnership (ECCAP) Program. This innovative public-private partnership will match state dollars with employers contributions to maximize benefits for employees with child care expenses. GLI worked with partners to support the establishment of the ECCAP with…
Louisville, Ky. (March 30, 2023) – In the final hours of the 2023 session, the General Assembly took action on one of Greater Louisville Inc.’s long-term policy priorities to make Kentucky more competitive with surrounding states by legalizing sports gaming. House Bill 551, sponsored by Representative Michael Meredith (R-Oakland) legalizes retail…
Last year, the Metro Council passed an ordinance that will require lobbyists and their employers to register with the Louisville Metro Ethics Commission. While a recent amendment passed by the Metro Council provides additional time for the Ethics Commission to publish draft forms and regulations, registration for lobbyists and employers…
Late Thursday night, Kentucky lawmakers passed House Bill 360, a revenue bill containing technical corrections to last year’s tax reform legislation and new tax provisions for the state. Sponsored by House Appropriations & Revenue Chair Jason Petrie, HB 360 moved late in the 30-day short session, passing just hours before…
Following the General Assembly’s passage of Senate Bill 150, Greater Louisville Inc. president and CEO, Sarah Davasher-Wisdom, released the following statement: “Greater Louisville Inc. is extremely disappointed to see the General Assembly pass Senate Bill 150, which includes language from House Bill 470 that hurts our LGBTQ+ community. We have…
Greater Louisville Inc. president and CEO, Sarah Davasher-Wisdom, released the following statement after the Kentucky General Assembly passed House Bill 200 to address the ongoing healthcare worker shortage: “The passing of House Bill 200 signifies an important step in addressing the critical shortage of workers in the healthcare industries across…
On Wednesday, a revenue bill containing clarifications and fixes to Kentucky’s tax code passed the House. Sponsored by Appropriations & Revenue Chair Jason Petrie (R-Elkton), House Bill 360 includes clean-up from last year’s sweeping tax reform legislation, House Bill 8, and GLI priorities regarding the state and local tax (SALT)…
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