09RS HB395

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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.

HB 395/FN/LM (BR 1652) - J. Richards, J. DeCesare

AN ACT relating to local economic development.
Amend KRS 65.680 to extend the termination date for a local development area from 20 years to 30 years under certain conditions.

HB 395 - AMENDMENTS

HCS/FN/LM - Allow the termination date for a local development area to be extended beyond the original 20 year time period if existing bonds are refunded and new increment bonds are issued, for a period not to exceed 20 years from the issuance of the new bonds.

     Feb 10-introduced in House
     Feb 11-to Appropriations & Revenue (H)
     Mar 2-posting waived
     Mar 3-reported favorably, 1st reading, to Calendar with Committee Substitute
     Mar 4-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, March 5, 2009
     Mar 5-3rd reading, passed 96-0 with Committee Substitute
     Mar 6-received in Senate
     Mar 9-to State & Local Government (S)

Vote History

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