Kentucky Reinvestment Act (KRA) (Kentucky)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place Kentucky

Applies to States or Provinces Kentucky
Name Kentucky Reinvestment Act (KRA) (Kentucky)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator Kentucky Cabinet for Economic Development
Primary Website

Last Review 2014-09-15

Information Source


The Kentucky Reinvestment Act (KRA) is a tax incentive available for up to 10 years from the date of final approval via tax credits of up to 100% of corporate income or limited liability entity tax liability generated by or arising from the project. The tax incentive remains in place until the authorized incentive amount is realized (up to 20% of the incentive per year) or for the term of the reinvestment agreement (up to 10 years), whichever occurs first. Unused credits that have been authorized for the project may be carried forward for the term of the reinvestment agreement, however, unused credits expire at the maturity of the agreement. The minimum requirements of incurring eligible equipment and related cost expenditures of at least $2,500,000 and maintaining 85 percent of the full-time employment level at the facility must be achieved in order to proceed with final approval.

Policy Contact

Contact Name Sheri Fisher
Department Kentucky Cabinet for Economic Development Department of Financial Incentives
Address Old Capitol Annex, 300 West Broadway, Frankfort, Kentucky, 40601

Phone 502-782-1977


Authorities (Please contact the if there are any file problems.)

Authority 1: Kentucky Economic Development Finance Authority Kentucky Reinvestment Act
Date Effective 6/2011