§ 154-20-400

154.20 -400 Definitions for KRS 154.20 -400 to 154.20 -420. As used in KRS 154.20 -400 to 154.20 -420: (1) 'Alternative fuels' means: (a) Alternative transportation fuels as defined in KRS 152.715; (b) Synthetic natural gas as defined in KRS 152.715; (c) Biodiesel produced from biomass resources as defined in KRS 152 .715 that is used for purposes other than transportation fuel; (d) Ethanol as defined in KRS 141.422; (e) Cellulosic ethanol as defined in KRS 141.422; and (f) Any other fuel that is produced from a renewable or sustainable source; (2) 'Eligible company' m eans any corporation, limited liability company, partnership, limited partnership, sole proprietorship, business trust, person, group, city, county, charter county, consolidated local government, urban -county government, or unified local government entity, or other entity engaged in research and development and commercialization related to, or the production of, alternative fuels or renewable energy; (3) 'Kentucky -based' means a business with its principal place of business in Kentucky or at least fifty -one percent (51%) of its property and payroll located in Kentucky; (4) 'Qualified company' means an eligible

ased' means a business with its principal place of business in Kentucky or at least fifty -one percent (51%) of its property and payroll located in Kentucky; (4) 'Qualified company' means an eligible company that may be granted funding pending final approval; (5) 'Renewable energy' means electricity produced by hydropower, solar power, landfill met hane gas, wind power, geothermal, biomass, or other renewable sources; and (6) 'Science and technology organization' means an independent, nonprofit quasi - governmental organization with a statewide mission and demonstrated history of managing complicated p rograms in the areas of entrepreneurial innovation, research and development, and science and technology advancement. Effective: June 25, 2013 History: Amended 2013 Ky. Acts ch. 116, sec. 5, effective June 25, 2013. -- Created 2007 (2d Extra. Sess.) Ky. Acts ch. 1, sec. 45, effective August 30, 2007.