26RS SB 9

Senate Bill 9

Actions

Last Action	02/02/26: to Committee on Committees (S)
Title	AN ACT relating to housing districts.
Bill Documents	Introduced
Bill Request Number	1742
Sponsors	R. Mills, J. Higdon
Summary of Original Version	Create new sections of KRS Chapter 65 to define terms; establish the process for a local government to establish a residential infrastructure development district and for dissolution of a district; authorize a local government to issue bonds and other obligations to pay for infrastructure costs within a residential infrastructure development district; authorize a local government to collect special assessments on property within the residential infrastructure development district to pay for infrastructure costs and use special assessment revenue for administrative costs unless restricted; establish that the special assessment constitutes a lien, address lien priority, require delinquent property taxes to be paid prior to a special assessment, and allow for redemption of property sold as a result of delinquent payment of a special assessment; permit local governments to act jointly to establish and maintain a residential infrastructure development district; define terms and allow a local government to establish a housing development district and a Housing Incentive Payment Program; allow a local government to exempt housing developments within a housing development district from planning and zoning following a public hearing; permit other local taxing authorities to participate in a housing development district; allow a local government to accept applications from developers to undertake projects within a housing development 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 housing development district; require the Cabinet for Economic Development to promote awareness of the housing development district and incentive program and the Certified Child Care Community Designation program set out in KRS 199.891; require the cabinet to post information including a list of local governments that have established housing development districts and have obtained the certified child care community designation to its website; require local governments that have established housing development districts to provide information to the Department for Local Government regarding the district and utilization of the incentive program; require the Department for Local Government to submit a report to LRC summarizing information received from local governments regarding housing development districts; provide that the Act shall not be construed to prohibit a local government from establishing any other incentive program for housing development.
Index Headings of Original Version	Area Development Districts - Housing development districts, assistance, requirement Bonds, Public - Residential infrastructure development districts, bonding authority Education, Elementary And Secondary - Housing development districts, participation Housing, Building, And Construction - Housing development districts, establishment Housing, Building, And Construction - Residential infrastructure development districts, establishment Interlocal Cooperation - Housing development districts, establishment Interlocal Cooperation - Residential infrastructure development districts, establishment Land Use - Housing development districts, establishment Liens - Residential infrastructure development districts, special assessment, creation of lien Local Government - Housing development districts, establishment Local Government - Residential infrastructure development districts, establishment Local Government - Housing Incentive Payment Program, establishment Property - Housing development districts, establishment Property - Residential infrastructure development districts, establishment, creation of lien Reports Mandated - Department for Local Government, housing development districts, report Reports Mandated - Cabinet for Economic Development, housing development districts, report Special Districts - Housing development districts, participation Special Purpose Governmental Entities - Housing development districts, participation State Agencies - Cabinet for Economic Development, housing development districts, promotion of program State Agencies - Department for Local Government, housing development districts, report Taxation, Property - Housing development districts, establishment Taxation, Property - Residential infrastructure development districts, special assessment, creation of lien