HB 552 — AN ACT relating to economic development.

UNOFFICIALCHAPTER COPY109 251 RSCHAPTER 109 ( HB 552/VO552 ) AN ACT relating to economic development.

(c) Two (2) members of the Senate appointed by the President of the Senate and one (1) member of the Senate appointed by the Minority Floor Leader of the Senate, who have knowledge of or current or past involvement in Page 1 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO organizations that promote Irish affairs or who have interest in the well-well-being being of trade relations between Kentucky and Ireland;

and (d) Two (2) members of the House of Representatives appointed by the Speaker of the House of Representatives and one (1) member of the House of Representatives appointed by the Minority Floor Leader of the House of Representatives, who have knowledge of or current or past involvement in organizations that promote Irish affairs or who have interest in the well-well-being being of trade relations between Kentucky and Ireland.

Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY (7) All initial appointments to the commission shall be made no later than July 1, 2025.

All subsequent appointments of legislative members shall be in January of each odd-odd-numbered numbered year.

(8) Each nonlegislative member shall be entitled to compensation for his or her Page 2 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO service in an amount of one hundred dollars ($100) for each regularly scheduled meeting of the commission he or she attends, and shall be entitled to reimbursement for all necessary expenses in connection with the performance of his or her duties.

Page 3 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO (a) The marina operator has fulfilled all of his or her obligations under the license agreement;

If no formal local city or county hotel Page 4 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO and motel association is in existence upon the establishment of a commission or upon the expiration of the term of a commissioner appointed pursuant to this subsection, then up to three (3) commissioners shall be appointed by the appropriate chief executive officer or officers from persons residing within the county or city[jurisdiction] of the commission and representing local hotels or motels.

A local city or county hotel and motel association shall not be required to be affiliated with CHAPTER 109 3 the Kentucky Hotel and Motel Association to be recognized as the official local city or county hotel and motel association;[.] (b) One (1) commissioner shall be appointed from a list of three (3) or more names submitted by the local restaurant association or associations.

If no local chamber of commerce is in existence upon the establishment of a Page 5 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO commission or upon the expiration of the term of a commissioner appointed pursuant to this subsection, then one (1) commissioner shall be appointed by the appropriate chief executive officer or officers from persons residing within the county or city[jurisdiction] of the commission and representing local businesses;

The contracts may include[,] but shall not be limited Page 6 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO to[,] the procurement of promotional services, advertising services, and other services and materials relating to the promotion of tourist and convention business.

Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY Section 4.

(b) The local governing body or bodies shall include the commission in the annual budget and shall provide funds for the operation of the commission by imposing a transient room tax on the rent for every occupancy of a suite, room, rooms, cabins, lodgings, campsites, or other accommodations charged by any hotel, motel, inn, tourist camp, tourist cabin, campgrounds, recreational vehicle parks, or any other place in which accommodations are Page 7 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO regularly furnished to transients for consideration or by any person that facilitates the rental of the accommodations by brokering, coordinating, or in any other way arranging for the rental of the accommodations as follows:

(e) The local governing body or bodies that have established a commission by joint or separate action shall enact an ordinance for the enforcement of the tax Page 8 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO measure enacted pursuant to this section and the collection of the proceeds of this tax measure on a monthly basis.

This additional tax shall be collected and administered in the same manner as the tax authorized by subsection (1)(b) of this section with the exception that this additional tax shall be used for the purpose of funding the purchase of development rights program provided for under Page 9 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO KRS 67A.845.

This additional CHAPTER 109 5 tax, if approved by each governing body, shall be collected and administered in the same manner as the tax authorized by subsection (1)(b) of this section, with the exception that this additional tax shall not be subject to a tax rate cap and shall be used for the purpose of funding regional efforts relating to:

(8) The fiscal court or legislative body of a consolidated local government or city establishing a commission pursuant to KRS 91A.350(1) or (2) and, in its own name, a commission established pursuant to of KRS 91A.350(1) is authorized and Page 10 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO empowered to issue revenue bonds pursuant to KRS Chapter 58 for public projects.

Page 11 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO (1) The Northern Kentucky Convention Center Corporation is hereby established to develop and manage the Northern Kentucky Convention Center.

Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY (e) Members may be removed by the appointing authority only for cause and after being afforded notice, a hearing, and a finding of fact by the appointing authority.

(3) The corporation may enact bylaws concerning the election of officers and other Page 12 of 13 HB055290.100 - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden UNOFFICIAL COPY 25 RS HB 552/VO administrative procedures it deems necessary.

PageVeto 13Overridden ofMarch 1327, HB055290.1002025. - 47 - XXXX 3/27/2025 5:22 PM Vetoed and Overridden