Larry Clark was the keynote speaker for the Kentuckiana Construction Users Council (KCUC) June meeting in Louisville. Speaker Pro Tem Larry Clark described the difficult financial circumstances that Kentucky finds itself in, and he provided members with details about the impact the session had upon small business and construction firms.
“Larry Clark gives us an insiders view of what’s going on in Frankfort and what the impact is on small construction businesses,” said KCUC Executive Director, Mike Sleder. “We had a great crowd and we were very pleased to have Larry Clark come speak to us. He relates very with our industry.”
Larry Clark focused particularly his House Bill 5 in which he was the primary sponsor that passed during the special legislative session. HB 5 was an unemployment insurance act that will save Kentucky employers $700 million between now and 2022. It also ensures that the trust fund remains solvent so that benefits will be available in the future.
Also mentioned was SB 45, which created a Kentucky resident bidding preference for in-state contractors bidding on public projects.
“Larry Clark always knows firsthand what we are faced with in our industry,” added Mike Sleder.