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Even though he didn’t have prior legislativ agreement, Gov. Steve Beshear decided to go “alk in” when he called a special sessioj of the to begin onJune 15. In addition to addressingv thebudget shortfall, Beshead included legislation to allow video-lottery terminals at Kentucky’se horse tracks, legislation to create a public authority to find ways to fund majotr transportation projects and a packag of new economic development incentives. The authority legislatiohn andthe $75 million bill designecd to lure a NASCAR Sprint Cup race to Kentucku and increase incentives for the expansioh of existing businesses appear to have a good chance of beinb passed.
Both were on the way to passage durinhgthis year’s regular session before being derailed by minore differences between the House and We hope the expected battle over expanding gaming will not hurt the chances of the other two The completion of the Ohio River Bridgee project, which calls for two new bridge s over the Ohio River and a reconfiguration of Spaghettji Junction, is vital to the futurr of the Louisville region. The projec will alleviate already serious traffic congestionn and make the area a more viablw place todo business.
Establishing a public authorit y to develop funding mechanisms and to work with a counterpar t in Indiana is needed to move theproject