KY Senate Passes Biennial Budget Bill
The Senate passed their version of the state’s biennial budget, which was an amended version of House Bill 1, on Wednesday. The proposed $150 billion budget proposal includes funds for state employee raises, school needs, and pension obligations. The Senate version leaves $1.75 billion in Kentucky’s rainy-day fund and includes…
Unemployment insurance reform bill passes General Assembly
The General Assembly gave final passage to sweeping unemployment insurance reforms on Tuesday. House Bill 4, sponsored by Rep. Russell Webber (R-26), is intended to modernize several key parts of the current benefit program to support laid-off workers and encourage rapid re-employment. Key parts of the bill include: Increasing the…
February 2022 New and Renewing Investors
Core New Investors 20/twenty Strategic Consultants ACA-Track Arvato Bertelsmann Supply Chain Solutions Carroll Media Corp. Copper & Kings Rooftop Bar and Restaurant Deloitte Consulting, LLP Fertility & Endocrine Associates Finch Financial Services Hardin County Honda Kentuckiana Sheet Metal, Inc. Kentucky Youth Advocates My Choice Delivery Prama, Inc. Sagebird Consulting, LLC…
HB 499 – Employer Child Care Assistance Program
In February, Representative Samara Heavrin (R-Leitchfield) introduced House Bill 499, which would establish the Employer Child Care Assistance Program. This public-private partnership would address the affordability of childcare, which is a major barrier to workforce participation for many families and would help employers to attract and retain talent by allowing…
GLI applauds House A&R Committee for passing HB 8
Greater Louisville Inc. president and CEO, Sarah Davasher-Wisdom, issued the following statement following Kentucky’s House Appropriations and Revenue Committee passing House Bill 8, a top GLI priority: “We are excited to see House Bill 8, which will address GLI’s top legislative priority of comprehensive tax reform, pass out of the…
Health Enterprises Network Announces 18th Healthcare Fellows Class
Louisville, Ky. (March 1, 2022) – The Health Enterprises Network, an affiliate of Greater Louisville Inc., announced the new class of its signature leadership development program, Healthcare Fellows. The program first started in 2005 to convene thought leaders in healthcare to discuss ways to grow and support the sectors of…
March Ambassador Spotlight: Maria Mackey
Name: Maria Mackey Title: CEO/Founder Company: Mackey Printing Services Mackey Printing Services specializes in promoting your brand. We accomplish this by providing creative and unique promotion products and print to our partners. We are a WBENC (Women’s Business Enterprise National Council) certified company along with WOSB (Women-Owned Small Business) and…
March Investor Spotlight: Vsimple
Company: Vsimple Founded In: 2020 Number of Employees: 11 Describe what your organization does in two sentences. Vsimple provides a centralized workspace for dealers, distributors and manufacturers and streamlines equipment sales, rental, service or parts distribution processes. The company tailors its platform to reflect each organization’s unique needs, increasing speed/efficiency,…
US CHAMBER OUTLOOK: IMPLICATIONS OF RUSSIA’S INVASION OF UKRAINE
This information appeared in a US Chamber newsletter on Friday, February 23, 2022. “International order is like oxygen—we don’t notice it until it’s not there.” – Dr. Richard Haass Russia’s unprovoked war What we are witnessing in Eastern Europe is a clear violation of Ukraine’s sovereignty and territorial integrity. It…
House files state tax modernization bill
Earlier today, House Appropriations and Revenue Chair Jason Petrie filed House Bill 8, which would lower the state’s 5% income tax incrementally over a period of years until it is eliminated. The first decrease would reduce the income tax rate an entire percentage point to 4% on January 1, 2023. The…
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