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After several weeks of budget hearings, Louisville Metro Council voted 21-4 to approve the FY 2025-2026 Metro Government Operating Budget and voted 20-4 (with one abstention by Councilwoman McCraney) to approve the Capital Budget. The final documents were largely reflective of the budget proposed by Mayor Craig Greenberg in his…

The Kentucky General Assembly passed more than 140 bills during this year’s 30-day legislative session, and most of those measures will go into effect on Friday. The state constitution specifies that new laws take effect 90 days after the legislature adjourns unless they have special effective dates, are general appropriation…

Last week, Louisville Metro Council voted to expand the Louisville Downtown Management district. This expansion was requested by the Louisville Downtown Partnership, who oversees programs and services for the central business district and will add the areas around Slugger Field and Angel’s Envy as well as the developing LOUMED district…

Hearings on the 2025-2026 fiscal year budget began on May 8. The $1.26 billion budget proposed by Mayor Craig Greenberg includes funds for public safety, modular housing and emergency shelters, and development funds to supplement economic expansion.   Highlights of the Mayor’s budget proposal include:  New investment allocated for more cameras…

Recent investment by the Kentucky General Assembly in pro-business policies have bolstered the economies of two of Kentucky’s largest Metro areas – Louisville and Northern Kentucky. These policies have allowed our regions to fare comparatively well despite national economic headwinds that have created supply-chain disruptions and inflation. However, recent executive…

UPDATE: The stay was lifted by the Supreme Court on May 30, 2025. As federal immigration policy shifts, the following is an update on recent developments specifically related to  humanitarian parole programs for nationals of Cuba, Haiti, Nicaragua, and Venezuela (CHNV). On March 25, 2025, the U.S. Department of Homeland…

The 2025 Kentucky General Assembly is now adjourned! In their last two days the General Assembly kept busy. Day 29 of 30 was spent overriding vetoes. By the end of the penultimate day of session the legislature had overridden all 29 bills that the Governor vetoed. Day 30 was spent…

U.S. allies have announced retaliatory tariffs as the Trump administration implements 25% global tariffs on aluminum and steel. The European Union (EU) and Canada announced retaliatory tariffs on U.S. goods totaling over $40 billion.   The EU’s tariffs will apply to bourbon and agricultural products totaling nearly $28 billion dollars…

The U.S. Department of Treasury announced changes to enforcement of the Corporate Transparency Act (CTA) and forthcoming department-led rule changes to the Act. In its announcement the treasury said it will not enforce any penalties or fines associated with the beneficial ownership information (BOI) reporting rule under the existing regulatory…

As executive action on the federal level continues to create uncertainty and economic concerns for our region, I wanted to pass along the latest information and guidance. We recognize the challenges these changing policies place on businesses and are committed to helping you navigate this evolving business landscape. Tariffs WHAT…