Kentucky House Bill 588 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on February 23 2021 - 25% progression, died in committee
Action: 2021-03-15 - returned to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Create new sections in KRS Chapter 65 to state findings and declaration of the General Assembly for the development area; define terms; establish the West End Opportunity Partnership, its powers and duties and purpose; require the West End Opportunity Partnership to comply with open meetings and open records requirements; require the West End Opportunity Partnership to reimburse real property taxes; establish the board and membership requirements; require a local participation agreement and specify provisions of the agreement; establish requirements pertaining to documentation, records, incremental revenues, and bonds; require reporting of the West End Opportunity Partnership to the Interim Joint Committee on Appropriations and Revenue; establish the West End Louisville Advisory Council and its members and duties; create a new section in KRS Chapter 132 to establish the classification of residential property in a revitalization area; define terms; and prohibit the legislative body of a consolidated local government from levying an ad valorem tax rate on residential property in a revitalization area that is higher than 50 percent of the prevailing rate of other real property located in its jurisdiction; EFFECTIVE only if 2021 Regular Session Bill Request Number 1454 becomes law.

AN ACT relating to property in a development area.

Rep. Ken Fleming [R]	Rep. Pamela Stevenson [D]	Rep. George Brown [D]	Rep. Bobby McCool [R]
Rep. David Osborne [R]

Date	Chamber	Action
2021-03-15	House	returned to Appropriations & Revenue (H)
2021-03-15	House	2nd reading
2021-03-15	House	taken from Appropriations & Revenue (H)
2021-03-11	House	returned to Appropriations & Revenue (H)
2021-03-11	House	1st reading
2021-03-11	House	taken from Appropriations & Revenue (H)
2021-03-05	House	posted in committee
2021-02-24	House	to Appropriations & Revenue (H)
2021-02-23	House	to Committee on Committees (H)
2021-02-23	House	introduced in House

Type	Source
Summary	https://apps.legislature.ky.gov/record/21RS/hb588.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/21RS/hb588/orig_bill.pdf
Supplement	https://apps.legislature.ky.gov/recorddocuments/note/21RS/hb588/LM.pdf