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House Bill 395

Actions | Amendments
Last Action to State & Local Government (S)
Title AN ACT relating to local economic development.
Bill Documents Bill
Impact Statements Fiscal Note
Local Mandate
Bill Request Number 1652
Sponsors J. Richards, J. DeCesare
Summary of Original Version Amend KRS 65.680 to extend the termination date for a local development area from 20 years to 30 years under certain conditions.
Index Headings of Original Version Fiscal Note - Local development areas, termination date, extension to 30 years
Local Mandate - Local development areas, termination date, extension to 30 years
Counties - Local development areas, termination date, extension to 30 years
Economic Development - Local development areas, termination date, extension to 30 years
Proposed Amendments House Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
02/10/09
  • introduced in House
02/11/09
  • to Appropriations & Revenue (H)
03/02/09
  • posting waived
03/03/09
  • reported favorably, 1st reading, to Calendar with Committee Substitute
03/04/09
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Thursday, March 5, 2009
03/05/09
  • 3rd reading, passed 96-0 with Committee Substitute
03/06/09
  • received in Senate
03/09/09
  • to State & Local Government (S)

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Impact Statements Fiscal Note
Local Mandate
Summary 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.
Index Headings Fiscal Note - Local development areas, termination date, extension to 30 years
Local Mandate - Local development areas, termination date, extension to 30 years
Counties - Local development areas, termination date, extension to 30 years
Economic Development - Local development areas, termination date, extension to 30 years

Last updated: 8/28/2019 8:17 AM (EDT)