26RS SB 254

Actions

Last Action	02/25/26: to Committee on Committees (S)
Title	AN ACT relating to programs to encourage the rehabilitation of property.
Bill Documents	Introduced
Fiscal Impact Statement	Local Mandate
Bill Request Number	2280
Sponsor	G. Neal
Summary of Original Version	Create a new section of KRS Chapter 65 to require local governments to establish a program to waive fines, fees, and interest associated with a property that has been donated to a qualifying donee; amend KRS 65.355 to require a local government that creates a land bank authority to establish a program to grant property assessment moratoriums pursuant to KRS 99.595 to 99.605.
Index Headings of Original Version	Local Mandate - Property donation, fines, fees, and interest, waiver County Clerks - Property donation, recording fees, waiver Fees - Property donation, fines, fees, and interest, waiver Housing, Building, And Construction - Property donation, fines, fees, and interest, waiver Land Use - Property donation, fines, fees, and interest, waiver Liens - Property donation, local government liens, release Local Government - Property donation, fines, fees, and interest, waiver Local Government - Reassessment moratorium, land bank authority, requirement Property - Reassessment moratorium, land bank authority, requirement Property Valuation Administrators - Reassessment moratorium, land bank authority, requirement Taxation, Property - Property donation, delinquent property tax, fees and interest, waiver