SB254
Log in to followAN ACT relating to programs to encourage the rehabilitation of property.
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.
Introduced: February 25, 2026
Last action: February 25, 2026
Plain-language summary
This bill would require local governments in Kentucky to set up programs that waive fines, fees, and interest on donated properties, and to offer temporary freezes on property assessments for properties held by land bank authorities. It is aimed at encouraging the rehabilitation of neglected or blighted properties by reducing financial burdens tied to those properties. Who it may affect: local governments, land bank authorities, and organizations that receive donated properties.
Legislative History
Primary Sponsor
