激励计划

肯塔基州环境管理法案

符合条件的公司

Any business entity that manufactures an environmental stewardship product which is a unique product that has a substantial positive impact on the environment. 一个项目必须至少有5美元,000,参加该计划的合格费用. Approved companies can potentially recover up to 25 percent of the project’s fixed asset cost 和 100 percent of employee skills training through the KESA tax incentives.

最低雇员补偿

根据KRS 154.48-020, any company participating in the KESA program is required to compensate at least 90 percent of its employees whose jobs were created as a result of the project with a minimum hourly wage established for the county in which the project locates. 除了, the participating company must provide its new employees with benefits as defined in KRS 154.48-010 equal to 15 percent of the county minimum hourly wage. 如果员工福利低于15%, a company may utilize a combination of wages 和 employee benefits equivalent to 115 percent of the county minimum hourly wage.

激励

A KESA approved company is eligible to receive a 100 percent credit against the Kentucky tax liability generated by the project. The tax liability associated with the project is determined by subtracting the base year tax liability from each year’s tax liability after the project is activated. The tax incentive is available for recovery over a tenyear period or until the authorized incentive is realized. 除了, the company is limited to a maximum of 25 percent of the authorized incentive in any single tax year. Any unused incentives remaining after the incentive agreement has expired are not accessible.

这个过程

• 公司向KEDFA提出申请.
• The total amount of incentive available to a project is negotiated with the Cabinet.
• KEDFA初步核准该公司, authorizes its project 和 enters into a memor和um of agreement with the company that sets forth the maximum incentives available under KESA.
• The company completes its project 和 provides KEDFA with documentation in connection with the project’s eligible costs.
• An Environmental Stewardship Agreement is approved by KEDFA that authorizes the KESA incentives for the company.
• The company activates the Environmental Stewardship Agreement, initiates its 10-year recovery period 和 begins to utilize the KESA incentives.

费用

There is a $500 non-refundable application fee payable upon submission of the KESA application. 费用 which the company may expect to incur as a result of final approval include an administrative fee equal to 1/4 of 1 percent ($40,000 maximum) of the final KESA amount authorized in the Environmental Stewardship Agreement. 除了, the company will incur legal fees necessary for the preparation of the Environmental Stewardship Agreement.