Appearing on Louisville’s WDRB News, Kentucky Chamber President and CEO Dave Adkisson noted that while the legislative process was often difficult during the 2018 session, legislators addressed many difficult issues facing the state.
The Chamber president pointed to changes made to the state’s pension systems which face more than $60 billion in unfunded liability, passage of a tax reform package that brings in needed revenue, and a budget crafted by legislators that prioritizes education.
“Because the Kentucky Chamber had called for reforms in both taxes and pensions, we commend the General Assembly for taking these difficult steps toward improving Kentucky’s competitive position, encouraging investment, and creating quality jobs,” Adkisson said.
Other priorities of the business community were also tackled in the 2018 session, Adkisson said, including a measure dealing with the state’s struggle with a quality workforce and reforms to Kentucky’s outdated workers’ compensation system.
But Adkisson stated there is still more work to be done to make Kentucky competitive and stated the state Chamber will work with policymakers to make the state a better place to do business.