Last Action | 04/06/23: signed by Governor (Acts Ch. 177) |
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Title | AN ACT relating to interests in property. |
Bill Documents |
Acts Chapter 177
Current/Final Introduced |
Fiscal Impact Statements |
Local Mandate
Additional Fiscal Impact Statements Exist |
Bill Request Number | 273 |
Sponsor | P. Flannery |
Summary of Original Version | Amend KRS 426.720 to require judgment lien notices to contain the date of final judgment; establish expiration dates for judgment liens; provide that a judgment lien expiration may be postponed under certain circumstances. |
Index Headings of Original Version |
Civil Actions - Judgment liens, terms of expiration County Clerks - Judgment liens, expiration, notice Local Mandate - Judgment liens, terms of expiration Liens - Judgment liens, terms of expiration Loans and Credit - Judgment liens, terms of expiration Real Estate - Judgment liens, terms of expiration |
Jump to Proposed Amendments |
House Committee Substitute 1 with Fiscal Impact Statements House Committee Amendment 1 Senate Committee Substitute 1 with Fiscal Impact Statements |
Votes | Vote History |
01/04/23 |
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02/16/23 |
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03/08/23 |
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03/09/23 |
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03/10/23 |
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03/13/23 |
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03/14/23 |
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03/15/23 |
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03/16/23 |
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03/29/23 |
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03/30/23 |
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04/06/23 |
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Amendment | House Committee Substitute 1 |
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Fiscal Impact Statement | Local Mandate to House Committee Substitute 1 |
Summary | Retain original provisions; establish a procedure to renew a judgment lien for five years; extend the time for the notice filing requirement of the judgment creditor from five days to ten days when filing an action to enforce a judgment lien; amend KRS 65.032 to extend the time for county clerks to provide and maintain the portal for electronically filed recorded instruments from June 30, 2023, to January 1, 2024; amend KRS 389A.010 to establish that a conveyance or mortgage of real estate made in contravention of the statutory provisions regarding finality of a judicial determination is voidable instead of null and void; amend KRS 376.010 to establish a mechanism for protection for owners and lessors of leased property from liens arising from work performed through a contract with the lessee when the lessee is prohibited from entering into such an agreement by the lease; require the filing of notice documents with the county clerk to apprise the prospective provider of labor or materials; define and exclude multifamily residential rental units from the filing of notice documents with the county clerk to apprise the prospective provider of labor or materials and the protections provided by the filing; amend KRS 371.325 to conform. RETROACTIVE. |
Index Headings |
County Clerks - Judgment liens, expiration, notice County Clerks - Liens, owner of property, filing of lease prohibition County Clerks - Recorded instruments, portal for electronic filing, date extension Deeds and Conveyances - Liens, owner of property, lease prohibition Deeds and Conveyances - Right of fiduciary, sale or encumbrance, when voidable Fiduciaries - Real property, conveyance or encumbrance, when voidable Landlord and Tenant - Liens, lease prohibition Liens - Judgment liens, terms of expiration Liens - Judgment liens, renewal process, establishment Loans and Credit - Judgment liens, terms of expiration Local Mandate - Judgment liens, terms of expiration Notices - Lien prohibition in lease, filing, county clerk's office Property - Leased premises, liens, prohibition of attachment in lease Property - Real estate, right of fiduciary, conveyance or encumbrance, when voidable Real Estate - Judgment liens, terms of expiration Real Estate - Liens, leased premises, prohibition in lease Retroactive Legislation - Real property, right of fiduciary, conveyance or encumbrance, when voidable Civil Actions - Judgment liens, terms of expiration Contracts - Labor or materials, liens, owners of property, lease prohibition |
Amendment | House Committee Amendment 1 |
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Sponsor | P. Flannery |
Summary | Make title amendment. |
Index Headings | Title Amendments - HB 83 |
Amendment | Senate Committee Substitute 1 |
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Fiscal Impact Statement | Local Mandate to Senate Committee Substitute 1 |
Summary | Retain original provisions, except remove the requirement of the filing of notice documents with the county clerk to apprise a prospective provider of labor or materials of a lease agreement prohibiting a lessee from entering into a contract for services; establish the protections afforded to the parties relating to the providing of labor or materials required to apply to leases and agreements entered into after the effective date of the Act. |
Index Headings |
Local Mandate - Liens, leased premises, prohibition in lease County Clerks - Judgment liens, expiration, notice County Clerks - Recorded instruments, portal for electronic filing, date extension Deeds and Conveyances - Liens, owner of property, lease prohibition Deeds and Conveyances - Right of fiduciary, sale or encumbrance, when voidable Fiduciaries - Real property, conveyance or encumbrance, when voidable Landlord and Tenant - Liens, lease prohibition Liens - Judgment liens, terms of expiration Liens - Judgment liens, renewal process, establishment Loans and Credit - Judgment liens, terms of expiration Property - Leased premises, liens, prohibition of attachment in lease Property - Real estate, right of fiduciary, conveyance or encumbrance, when voidable Real Estate - Judgment liens, terms of expiration Real Estate - Liens, leased premises, prohibition in lease Retroactive Legislation - Real property, right of fiduciary, conveyance or encumbrance, when voidable Civil Actions - Judgment liens, terms of expiration Contracts - Labor or materials, liens, owners of property, lease prohibition |
Last updated: 11/9/2023 3:03 PM (EST)