Secretary of State
Secretary Grimes Promotes Business Development in Western Kentucky
Secretary of State Alison Lundergan Grimes,
Kentucky’s chief business officer, continued her efforts to promote and assist
businesses in Kentucky by meeting today with economic development leaders from
across the state, including members of the Kentucky Association for Economic
Development (“KAED”) and Barren River Area Development District (“BRADD”).
The KAED has more than 600 members from across the
Commonwealth who represent diverse professions. BRADD includes Allen, Barren,
Butler, Edmonson, Hart, Logan, Metcalfe, Monroe, Simpson and Warren Counties.
“More than 100,000 businesses have opened their
doors in Kentucky since I took office,” said Grimes. “Helping these and other
existing businesses succeed and encouraging other businesses to follow their
lead has been a priority of mine, and it was exciting today to share with BRADD
members how we’re accomplishing that.”
month, Grimes announced new features available on the Kentucky Business One
Stop Portal that increase efficiency for both businesses and government
agencies, allowing businesses to spend even less time interacting with
government, and more time creating jobs and stimulating the economy.
A new “dashboard” displays all of a business owner’s
transactions in one place, providing access to all pertinent business and tax
information from one location. The dashboard also provides the option to view
and print a Sales and Use Tax Permit.
In addition, pursuant to a new law Grimes championed
and the General Assembly passed in 2014, new businesses are being assigned a
unique Commonwealth Business Identification number (“CBI”), which will connect
the various identifiers designated by individual state agencies. By allowing
businesses to use a consistent identification number in their interactions with
various agencies, the CBI eases the burden on business owners.
The portal also now offers a streamlined, central
registration system that reduces the need to provide or update information separately
to multiple agencies. With this enhancement, changes to data such as name,
address and phone number can be entered once in the portal and be shared
automatically with any participating agencies. In addition to making the
process more efficient for businesses, the centralized registration system will
minimize data errors and inconsistencies across agencies.
And the portal is more secure and flexible than ever
before, allowing business owners to grant role-based access to others who may
act on behalf of the business. For example, a business owner may allow agents
such as lawyers, accountants, or managers to perform certain tasks within the
portal, including registering for or paying a tax, or adding employees to the
business’s unemployment insurance account.
“Business owners have provided overwhelming positive
feedback about these new features, and it was great to personally share these improvements
with business owners in Western Kentucky and discuss how our initiatives can
help them,” said Grimes. “I’m proud of what we have accomplished with our One
Stop partners and of the positive impact the portal is having on Kentucky
businesses, and I look forward to continuing to make sure Kentucky truly is
Since taking office in 2012, Grimes has successfully
sought more than ten bipartisan pieces of legislation – more than any other
constitutional officer during the same time frame – to make Kentucky more
business friendly and safeguard access to the ballot box. She is spending
several days this week in West Kentucky sharing with businesses and citizens
the improvements and new opportunities created by her office’s initiatives.
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