AN ACT relating to economic development.

Amend KRS 154.21-015 to redefine "eligible project" to include matching funds are available for a project either on publicly owned property or meets certain conditions if the project includes property acquisition or a due diligence study, and redefine "eligible use" to include building construction or renovation; amend KRS 154.21-020 to reference adoption, eliminate the eligible grant recipient 10% match requirement, base program eligibility on census population, cap the available funding at $2,000,000 per county, and disqualify projects that receive discretionary mega-development project funding from program participation; and amend KRS 154.21-035 to conform.