Senate Bill 120

Actions
Last Action 03/20/23: signed by Governor (Acts Ch. 23)
Title AN ACT relating to residential communities.
Bill Documents Acts Chapter 23
Current/Final
Introduced
Fiscal Impact Statement Local Mandate
Bill Request Number 1308
Sponsor P. Wheeler
Summary of Original Version Create new sections of KRS Chapter 381 to define terms related to planned communities; require newly organized planned communities to file a declaration in the office of the county clerk or clerks where the planned community is located; provide how an association shall be organized by declaration accompanied by bylaws that organize a board of directors and day to day functions of the board; provide the time period for periods of declarant control of the associations; provide for the duties and responsibilities of associations and their boards; provide for a process to amend declarations; provide requirements for declarations or bylaws of associations and for their board meetings; provide for rights and responsibilities of associations; require associations to keep certain financial records; provide owners the right to examine and copy certain records of associations; allow associations to assess lot owners for certain expenses; provide for annual assessments of each lot unless established otherwise in the declaration or the governing documents of the association and for an annual budget to be adopted by the association's board; require all owners, residents, tenants, and other persons to comply with any covenants, conditions, and restrictions of planned communities and associations; provide for associations to have a continuing lien for non-payment of levied assessments; provide that an association shall not prohibit the outdoor display of political yard signs from 30 days before any primary; regular election, or special election until seven days after that election; provide that the Act may be cited as the Planned Community Act.
Index Headings of Original Version Elections and Voting - Political yard signs, display on private property subject to an association
Land Use - Planned communities, rights and responsibilities
Property - Planned communities, rights and responsibilities
Property - Political yard signs, display on private property subject to an association
Real Estate - Planned communities, rights and responsibilities
Short Titles and Popular Names - Planned Community Act
Associations - Planned communities, rights and responsibilities
Local Mandate - Planned communities, rights and responsibilities
Votes Vote History

Actions

Top
02/14/23
  • introduced in Senate
  • to Committee on Committees (S)
02/16/23
  • to Judiciary (S)
02/23/23
  • reported favorably, 1st reading, to Calendar
02/24/23
  • 2nd reading, to Rules
02/28/23
  • posted for passage in the Regular Orders of the Day for Tuesday, February 28, 2023
  • 3rd reading, passed 35-0
  • received in House
  • to Committee on Committees (H)
03/02/23
  • to Judiciary (H)
03/08/23
  • reported favorably, 1st reading, to Calendar
03/09/23
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Friday, March 10, 2023
03/14/23
  • 3rd reading, passed 96-2
03/15/23
  • received in Senate
  • enrolled, signed by President of the Senate
  • enrolled, signed by Speaker of the House
  • delivered to Governor
03/20/23
  • signed by Governor (Acts Ch. 23)


Last updated: 11/9/2023 3:03 PM (EST)