Kentucky Senate Bill 43 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 5 2021 - 25% progression, died in committee
Action: 2021-03-11 - recommitted to Judiciary (S)
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Create new sections of KRS Chapter 381 to define heir property and create a mechanism for partition or sale among cotenants by the court; create requirements for notice, determination of value through agreement or appraisal; create protocol for buyouts, partition alternatives, partition in kind, sale by open-market, sealed bids, or auction; create the heir property research fund; amend KRS 324B.050 to authorize the Kentucky Real Estate authority to promulgate administrative regulations to issue grants from the fund; amend KRS 64.012 to increase the recording and indexing fee collected by county clerks by $1 and to direct those extra funds to the heir property research fund; amend KRS 381.135 and 389A.030 to conform.

AN ACT relating to heir property and making an appropriation therefor.

Sen. Reginald Thomas [D]

Date	Chamber	Action
2021-03-11	Senate	recommitted to Judiciary (S)
2021-03-05	Senate	passed over and retained in the Orders of the Day
2021-03-04	Senate	passed over and retained in the Orders of the Day
2021-03-03	Senate	passed over and retained in the Orders of the Day
2021-03-02	Senate	posted for passage in the Regular Orders of the Day for Wednesday, March 3, 2021
2021-03-01	Senate	2nd reading, to Rules
2021-02-26	Senate	reported favorably, 1st reading, to Calendar
2021-01-11	Senate	to Judiciary (S)
2021-01-05	Senate	to Committee on Committees (S)
2021-01-05	Senate	introduced in Senate
2020-12-11	Senate	Prefiled by the sponsor(s).

Type	Source
Summary	https://apps.legislature.ky.gov/record/21RS/sb43.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/21RS/sb43/orig_bill.pdf