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Policy Distilled

U.S. Chamber Releases CTA Toolkit for Businesses

The U.S. Chamber just released a new toolkit to help businesses align with the Corporate Transparency Act (CTA). The CTA implements sweeping new corporate ownership reporting requirements for companies that are based in or conduct business in the United States. The law was passed by Congress as part of the…

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General Election Results in the Greater Louisville Region

After months of anticipation, the election season has finally come to a close. This year was full of close races from the federal level all the way to local elections. The ballot was filled with important decisions for Greater Louisville voters including who will represent them at all levels of…

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Loss Costs Continue to Decrease in Workers Compensation for 19th Consecutive Year

The Kentucky Department of Insurance announced yesterday that workers’ compensation insurance is decreasing in Kentucky for the 19th consecutive year. The annual filing insurance carriers used to develop rates for workers’ compensation coverage shows an average reduction of 8.4% in loss costs.   Loss cost is the amount of money an…

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2024 Metro Council Candidate Survey Results

Greater Louisville Inc. is a nonpartisan organization and does not endorse or support candidates running for office at any level. However, with many important local races coming up, we compiled a short survey to help educate our members on where each candidate stands on business-related priorities. Although a number of…

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TARC Hold Community Meetings to Discuss Future Coverage

In the past few weeks, TARC has been taking public comments on changes coming to the organization as they face financial concerns that require immediate action.  In these community meetings, leaders from TARC discussed the financial hardship the agency has faced, where their main forms of funding can stretch, and…

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Legislators hold community listening sessions for JCPS task force

Throughout the month of September, members of the state Efficient and Effective School District Task Force have held two community meetings in Louisville high schools to discuss the function and performance of Jefferson County Public Schools. It was stated in the first meeting that the goal of the task force…

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The Future of Small Business Taxation

Important federal legislation that positively impacts Greater Louisville businesses is set to expire without further Congressional action. Most of the 2017 Tax Cuts and Jobs Act (TCJA) will expire at the end of 2025, which included many provisions benefiting businesses of all sizes specifically the 20% pass-through deduction for small…

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KY set to lower income tax again after meeting fiscal requirements

This week the State Budget Director announced that the state had met “revenue conditions” to allow the legislature to pass further reductions of the state income tax. In short, the income tax could fall to 3.5 percent as early as January of 2026. This rate will put Kentucky in a…

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US Chamber succeeds in halting FTC non-compete rule

This week, the U.S. Chamber of Commerce scored a major legal victory for American businesses, workers, and the economy after the U.S. District Court for the Northern District of Texas set aside the Federal Trade Commission’s (FTC) ban on employment noncompete agreements. This decision marks a significant win for businesses…

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Greater Louisville Inc., business leaders travel to nation’s capital to advocate for federal priorities

Washington D.C. (August 1, 2024) – In conjunction with the release of its 2024 Federal Legislative Agenda, Greater Louisville Inc. took nearly 40 business leaders to Capitol Hill to discuss top national issues impacting the region. The two-day annual trip is part of GLI’s comprehensive advocacy work at the federal,…

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