KY SB229 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 15 2019 - 25% progression, died in committee
Action: 2019-02-19 - to State & Local Government (S)
Pending: Senate State & Local Government Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Create new sections of KRS Chapter 99 to define "abandoned and blighted property," "building," "competent entity," "conservator's or developer's fee," "conservatorship," "costs of rehabilitation," "local government," "nonprofit corporation," "owner," "party in interest," and "public nuisance,"; allow for and set requirements for a petition for the appointment of a conservator to take possession of abandoned and blighted property and rehabilitate it; provide notice to parties in interest of the proceeding; require the court to act upon a petition for conservatorship and set conditions for granting one; allow the courts to certify a schedule of encumbrances and grant other relief as appropriate, and set conditions for conservators' qualifications and responsibilities; allow owners of the property to correct the conditions even after appointment of a conservator; set the powers and duties of a conservator relative to the rehabilitation of a property; allow the courts to order a sale of the property under conservatorship and set conditions for the sale and distribution of proceeds; set conditions for termination of a conservatorship; establish a short title.

Tracking Information

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Title

AN ACT relating to abandoned and blighted property.

Sponsors


History

DateChamberAction
2019-02-19Senateto State & Local Government (S)
2019-02-15Senateintroduced in Senate

Subjects


Kentucky State Sources


Bill Comments

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