| Last Action | 02/21/25: posted for passage in the Regular Orders of the Day for Tuesday, February 25, 2025 |
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| Title | AN ACT relating to property placed in a tax delinquency diversion program. |
| Bill Documents | Introduced |
| Fiscal Impact Statements |
Local Mandate
Additional Fiscal Impact Statements Exist |
| Bill Request Number | 1290 |
| Sponsors | J. Adams, D. Yates |
| Summary of Original Version | Amend KRS 99.727 to define "diverted tax delinquency purchaser" and "third-party purchaser"; require a certificate of delinquency related to property remaining in a tax delinquency diversion program at the expiration of the program's five year period to be made available for purchase by third-party purchasers; allow diverted tax delinquency purchasers to purchase certificates of delinquency related to property included in a tax delinquency diversion program during the program's five year period; set requirements for the county attorney related to the sale of the certificates of delinquency; set requirements for a third-party purchaser registering as a diverted tax delinquency purchaser; require the Department of Revenue to promulgate administrative regulations for the purchase and sale of the certificates of delinquency; amend KRS 134.128 to conform. |
| Index Headings of Original Version |
County Clerks - Certificate of delinquency sale, tax delinquency diversion program State Agencies - Department of Revenue, certificates of delinquency sale, tax delinquency diversion program Taxation - Property tax, certificate of delinquency sale, tax delinquency diversion program Taxation, Property - Certificate of delinquency sale, tax delinquency diversion program Administrative Regulations and Proceedings - Department of Revenue, certificates of delinquency sale, tax delinquency diversion program Attorney, County - Certificate of delinquency sale, tax delinquency diversion program Property - Property tax, certificate of delinquency sale, tax delinquency diversion program Local Mandate - Department of Revenue, certificates of delinquency sale, tax delinquency diversion program |
| Jump to Proposed Amendments | Senate Committee Substitute 1 with Fiscal Impact Statements |
| 02/11/25 |
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| 02/14/25 |
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| 02/20/25 |
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| 02/21/25 |
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| Amendment | Senate Committee Substitute 1 |
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| Fiscal Impact Statement | Local Mandate to Senate Committee Substitute 1 |
| Summary | Retain original provisions; define "vacant and abandoned property"; delete the requirement that property remaining in a tax delinquency diversion program after five years being made available for purchase; require property in a tax delinquency diversion program to be vacant and abandoned for the certificate of delinquency to be sold; require the county attorney to verify that the property is vacant and abandoned; require a third-party purchaser to register with the Department of Revenue to qualify as a diverted tax delinquency purchaser; require the Department of Revenue to maintain a list of applicants issued a certificate of registration. |
| Index Headings |
County Clerks - Certificate of delinquency sale, vacant and abandoned property, tax delinquency diversion program Local Government - Certificate of delinquency sale, vacant and abandoned property, tax delinquency diversion program Property - Property tax, vacant and abandoned property, tax delinquency diversion program State Agencies - Department of Revenue, registration, tax delinquency diversion program, sale of certificates Taxation - Property tax, vacant and abandoned property, tax delinquency diversion program Taxation, Property - Certificate of delinquency sale, vacant and abandoned property, tax delinquency diversion program Consolidated Local Governments - Certificate of delinquency sale, vacant and abandoned property, tax delinquency diversion program Attorney, County - Certificate of delinquency sale, vacant and abandoned property, tax delinquency diversion program |
Last updated: 2/21/2025 4:29 PM (EST)