Waives initial registration fees for new businesses
FRANKFORT, Ky. (March 2, 2017) — A Kentucky House panel today unanimously approved Secretary of State Alison Lundergan Grimes’ measure, “Boots to Business,” to help veterans start and grow businesses in Kentucky. Grimes appeared before the House State Government Committee to discuss her initiative.
House Bill 114 would waive initial registration fees for new veteran-owned entities and waive annual report filing fees for the first four years those businesses operate. Rep. Jody Richards (D-Warren County) is the bill’s sponsor.
Boots to Business carries the support of many veterans and veteran organizations, including the Kentucky Joint Executive Council of Veterans Organizations (JECVO) and the Kentucky National Guard Association. Brig. Gen. Steven P. Bullard, chief of staff of the Kentucky National Air Guard, joined Grimes and Richards in their testimony before the committee to show support for the measure.
Grimes unveiled the “Boots to Business” initiative in the 2016 General Assembly. The House passed the measure last year without a single dissenting vote, but the Senate did not consider the bill.
House Bill 114 now goes to the full House for consideration.