Noah's Ark Tax Incentive Passes First Hurdle

By: Associated Press
By: Associated Press

FRANKFORT, Ky. (AP) -- Noah's Ark could get some help from Kentucky taxpayers.

A state tourism board gave preliminary approval on Tuesday for up to $18 million in tax rebates for a proposed full-sized replica of Noah's Ark as described in the book of Genesis. An independent consultant will now study the feasibility of the project and make a recommendation for the board to consider.

If approved, organizers could receive up to 25 percent of the $73 million anticipated cost of the project. Organizers would receive the money over 10 years only after the ark is built and open to the public.

Organizers say they have enough money to begin building the Ark, which will be 510 feet long and 85 feet high. The ark is scheduled to open by the summer of 2016.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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