KY HB627 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 2 2020 - 25% progression, died in committee
Action: 2020-03-04 - to Local Government (H)
Pending: House Local Government Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Create a new section of KRS Chapter 81A to require compensation from a city to the county for the economic loss sustained from annexation; unless otherwise agreed, the loss would be calculated by the sum of fees and taxes collected by the county for the annexed area from insurance companies, businesses, trades, occupations and professions; economic loss payments by the city to the county are due by the 30th of the month after each calendar quarter; any challenge to the calculation of compensation or, to compel payment, shall be made in Franklin Circuit Court.

Tracking Information

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Title

AN ACT relating to annexation.

Sponsors


History

DateChamberAction
2020-03-04Houseto Local Government (H)
2020-03-02Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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