StateSubsidies
Back to all incentives
Tax CreditKentuckyActiveVerified

Kentucky Reinvestment Act (KRA) Tax Credit

Kentucky Cabinet for Economic Development (KCED)KY-KRARefreshed 12 days ago
Max funding

Varies

Amount varies

Type

Tax Credit

Reduces tax liability

Deadline

Rolling

No fixed cutoff

Timing

Annual tax return

Claim with year-end filing

Complexity

Moderate

File with tax return

About This Program

Rewards existing Kentucky manufacturers that reinvest in their facilities. Companies making significant capital improvements and retaining jobs can receive income tax credits on eligible costs.

Key Requirements & Eligibility

  • 1Company must have been operating in KY for at least 3 consecutive years
  • 2Minimum capital investment: $2.5 million
  • 3Minimum jobs retained: 90% of existing full-time workforce
  • 4Must be a manufacturing or industrial sector company
  • 5Application must be approved before project begins

Am I eligible?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Company must have been operating in KY for at least 3 consecutive years

2.Minimum capital investment: $2.5 million

3.Minimum jobs retained: 90% of existing full-time workforce

4.Must be a manufacturing or industrial sector company

5.Application must be approved before project begins

Related Programs

LoanFederalVerifiedPrivate business

DOE Loan Programs Office — Title 17 Clean Energy Financing

LPO · United States

Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.

Clean TechnologyEnergy StorageManufacturing+1

via www.energy.gov · MEDIUM

Details
Tax CreditStateVerifiedPrivate business

New York State Brownfield Cleanup Program Tax Credit

NYSDEC · New York

Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.

Real EstateConstructionManufacturing

via www.dec.ny.gov · MEDIUM

Details
Tax CreditStateVerifiedPrivate business

North Carolina Renewable Energy Tax Credit

NCDOR · North Carolina

Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.

Clean TechnologyEnergy ManagementAgriculture+1

via www.ncdor.gov · MEDIUM

Details
Official Source