| Last Action | 02/21/25: to Local Government (H) |
|---|---|
| Title | AN ACT relating to housing development districts. |
| Bill Documents | Introduced |
| Bill Request Number | 350 |
| Sponsors | J. Bray, J. Petrie, A. Bowling |
| Summary of Original Version | Create a new section of KRS Chapter 65 to define terms; permit a local government to establish a housing development district by following specified procedure; allow a local government to exempt housing developments within the district from planning and zoning following a public hearing; permit other local taxing authorities to participate in the district; allow a local government to accept applications from developers to construct residential homes within the district; allow a local government to negotiate with a developer whose application it has accepted regarding rates associated with incentive payments to the developer; establish a means by which a developer shall be paid incentive payments by a local government; require area development districts to provide assistance to a local government in establishing a district; require the Cabinet for Economic Development to promote awareness of the district and incentive program and to provide a report to the LRC regarding utilization of the program. |
| Index Headings of Original Version |
Housing, Building, and Construction - Housing development districts, permitting Land Use - Housing development districts, permitting Local Government - Housing development districts, permitting Property - Housing development districts, permitting State Agencies - Cabinet for Economic Development, promotion of program, requiring Area Development Districts - Area Development Districts, housing development districts assistance, requiring Reports Mandated - Cabinet for Economic Development, housing development districts, report to LRC Taxation, Property - Housing development districts, permitting |
| 02/18/25 |
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|---|---|
| 02/21/25 |
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Last updated: 2/21/2025 4:29 PM (EST)