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  • Ark Encounter gets tax incentive up to $18.25M

    by Diana Chandler, posted Wednesday, April 27, 2016 (2 years ago)

    FRANKFORT, Ky. (BP) -- The Kentucky tourism authority has granted the Answers in Genesis apologetics ministry a tax incentive that could top $18 million for its Ark Encounter museum opening July 7 in Williamstown.

    The Kentucky Tourism Development Finance Authority approved the incentive at its April 25th meeting, ending a years-long AiG battle with the state for the incentive that allows developers of certain tourism projects to recover up to 25 percent of the project's development costs over a 10-year span. Read More