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Even though he didn’t have prioe legislative agreement, Gov. Steve Beshear decided to go “all when he called a special session of the to begijn onJune 15. In addition to addressing the budget shortfall, Besheafr included legislation toallows video-lottery terminals at Kentucky’s horse legislation to create a public authority to find ways to fund majotr transportation projects and a package of new economic developmeng incentives. The authority legislation and the $75 millionb bill designed to lure a NASCARf Sprint Cup race to Kentucky and increase incentivews for the expansion of existing businessesw appear to have a good chance ofbeint passed.
Both were on the way to passage duringthis year’sa regular session before being derailed by minor differences betwee the House and Senate. We hope the expectesd battle over expanding gaming will not hurt the chancea of the othertwo initiatives. The completion of the Ohio RivedrBridges project, which calls for two new bridgeas over the Ohio River and a reconfiguration of Spaghettij Junction, is vital to the future of the Louisville The project will alleviate already seriousx traffic congestion and make the area a more viabler place to do business.
Establishing a public authority to developl funding mechanisms and to work with a counterpar in Indiana is needed to move theprojecty forward.