KY HB403 | 2014 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on March 18 2014 - 50% progression, died in committee
Action: 2014-03-19 - to Licensing, Occupations, & Administrative Regulations (S)
Pending: Senate Licensing, Occupations & Administrative Regulations Committee
Text: Latest bill text (Draft #2) [MS Word]

Summary

Amend KRS 65.350 to define "certificate of delinquency", "fee office", "local government lien" and "taxing jurisdiction; amend KRS 65.355 to expand the authority of land bank authorities; amend KRS 65.360 to clarify membership of the land bank authority; amend KRS 65.365 to update mailing list requirements; amend KRS 65.370 to update notice provisions; amend KRS 65.375 to clarify provisions relating to conveyance of property to the land bank upon sale with no satisfactory bid, to provide that all government taxes and liens shall be extinguished upon transfer to the land bank, to allow the land bank to keep proceeds from the sale of property, and to provide that the land bank shall receive a portion of property tax collected on property sold by the land bank for five years following the sale; amend KRS 99.715 to allow cities to transfer property to a land bank.

Tracking Information

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Title

AN ACT relating to land bank authorities.

Sponsors


History

DateChamberAction
2014-03-19Senateto Licensing, Occupations, & Administrative Regulations (S)
2014-03-18Senatereceived in Senate
2014-03-17House3rd reading, passed 69-22 with Committee Substitute, floor amendment (1)
2014-03-13Housefloor amendment (1) filed to Committee Substitute
2014-03-06Houseposted for passage in the Regular Orders of the Day for Friday, March 7, 2014
2014-03-06House2nd reading, to Rules
2014-03-05Housereported favorably, 1st reading, to Calendar with Committee Substitute
2014-02-26Houseposted in committee
2014-02-19Houseto Local Government (H)
2014-02-18Houseintroduced in House

Kentucky State Sources


Bill Comments

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