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CAIP funds restored

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By Christopher Brooke

 

Although a tobacco settlement arbitration that was not in Kentucky’s favor could have led to deep cuts to Kentucky Agricultural Development Funds, a new agreement with tobacco manufacturers will restore almost all of those monies, according to agricultural and state officials.

It looked like a losing arbitration against the state was going to cut the Kentucky Agricultural Development Funds to less than half, said Rep. Rick Rand, who is the chair of the House Appropriations and Revenue Committee.

 


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The Henry County Local | circulation@hclocal.com | 502-845-2858
18 South Penn, Eminence, KY 40019
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