AN ACT relating to community improvement districts.

Amend KRS 107.310, relating to community improvement districts, to define "green infrastructure", "green bond", and "social impact bond"; amend KRS 107.330 to increase the scope of community improvement districts to include public infrastructure, housing, public safety and health, and economic development tools; amend KRS 107.340 to require county judges/executive to ensure community improvement district board membership does not represent one particular interest; amend KRS 107.350 to allow community improvement districts to use green bonds and…

Introduced: March 3, 2026

Last action: March 10, 2026

To Local Government (H)

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This bill expands what community improvement districts in Kentucky can do, allowing them to take on projects related to public infrastructure, housing, public safety, health, and economic development. It also creates a new state grant program for these districts, allows them to use new financing tools like green bonds and social impact bonds, and requires projects to be reapproved by property owners every 10 years. These changes give local communities more options for funding and managing neighborhood improvement efforts. Who it may affect: property owners within community improvement districts, local governments, and residents of areas where these districts operate.

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