Secretary of State
Secretary Grimes Promotes Business Development in Western Kentucky

Press Release Date:  Thursday, July 30, 2015  
Contact Information:  Lynn Sowards Zellen
Director of Communications
Secretary of State Alison Lundergan Grimes
(502) 330-9839
Email: lynn.zellen@ky.gov
 


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.”

 

Last 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 business friendly.”

 

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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