Introduced March 3, 2026
HB843
Log in to followAN 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…
Plain-language summary
This bill would expand what community improvement districts in Kentucky are allowed to do, letting them take on projects related to public infrastructure, housing, public safety, health, and economic development. It also creates new ways for these districts to raise and receive money, including green bonds, social impact bonds, private partnerships, special assessments, and a new state grant program. To keep these districts accountable, the bill adds new reporting requirements and requires property owners within…
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Legislative History
Primary Sponsor
Joshua Watkins
Representative · House District 042
Bill Text Versions
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