In his final legislative session as senator for Senate District 17, Senate Majority Floor Leader Damon Thayer, R-Georgetown, has once again successfully advocated for and secured millions of dollars benefiting Grant County. The county will receive funding for critical local infrastructure projects over the next two years. Included in the state’s two-year road plan, House Bill (HB) 266, Thayer helped secure over $17.67 million for planning, designing, obtaining rights-of-way, utility work, and construction of various projects in the county, including
Senate Majority Floor Leader Damon Thayer, R-Georgetown, played a considerable role in securing millions of dollars over the next two years for critical highway and interstate repairs in Fayette County and transformational support for one-time local projects. Thayer represents the northwestern portion of the county as a part of the 17th Senate District. Included in the state's two-year road plan, House Bill (HB) 266, Thayer helped secure over $115.8 million for planning, designing, obtaining rights-of-way, utility work and construction of various projects in the county, including two major projects connecting to his Senate district:
Sen. Damon Thayer, R-Georgetown, helped secure millions of dollars for local infrastructure projects in Kenton County over the next two years. As a provision in House Bill (HB) 1, Thayer and the Senate successfully leveraged $450 million from Kentucky’s $3.7 billion budget reserve trust fund (BRTF) to boost the state’s road, bridge and highway repair efforts in the state road plan. Major projects in Kenton County are direct beneficiaries of this funding. Included in the state’s two-year road plan, House Bill (HB) 266, Thayer helped secure nearly $807.65 millionfor planning, designing, obtaining rights-of-way, utility work, and construction of various projects in the county.
Sen. Steve West, R-Paris, and Senate Majority Floor Leader DamonThayer, R-Georgetown, announced transformative funding allocations for improvements to the Kentucky Horse Park on Wednesday. This investment will enhance its facilities, amenities, and overall visitor experience. An investment of $36 million, $18 million in each fiscal year, will be awarded to the Kentucky Horse Park Commission facility upgrades to be allocated as follows
Spring has arrived here in the Bluegrass State, and we find ourselves in the final stages of the 2024 Regular Session. We continue to apply the final touches to the biennial state budget and I am working hard to secure big budget wins for the 17th Senate District along with critical road projects in the biennial road plan. Final decisions from House and Senate budget discussions should be available within the next few days. The budget process demands careful consideration and thorough debate to ensure that every dollar is utilized wisely and responsibly. Our conservative budgeting over the past seven or so years has allowed us to build a robust budget reserve trust fund, all while lowering your income tax to 3.5 percent. I hope that we will further reduce this in the years ahead, with the ultimate goal being a zero percent tax on the money your hard work produces. In the closing days of my time as your state senator, my colleagues and I are taking advantage of the extended daylight hours by wrapping up final committee hearings and floor activity and pushing forward essential bills addressing various issues.
The Senate brought forth its two-year state spending and proposal for transformational one-time project funding. These were proposed through Senate Committee Substitutes to House Bill (HB) 6 and HB 1. The top priority for the republican supermajorities is to continue lowering your income tax. Through comprehensive tax reforms since 2017, Kentucky has received record business investment and will have left $1.8 billion in taxpayers' pockets by the end of the year. Despite this feat, the state’s budget reserve trust fund is at $3.7 billion, affording us the opportunity for transformational one-time investments.