Kentucky HB403

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On March 19, 2014 in the Senate:

To Licensing, Occupations, & Administrative Regulations (S)

On March 18, 2014 in the Senate:

Received in Senate

On March 17, 2014 in the House:

3rd reading, passed 69-22 with Committee Substitute, floor amendment (1)

On March 13, 2014 in the House:

Floor amendment (1) filed to Committee Substitute

On March 6, 2014 in the House:

2nd reading, to Rules
Posted for passage in the Regular Orders of the Day for Friday, March 7, 2014

On March 5, 2014 in the House:

Reported favorably, 1st reading, to Calendar with Committee Substitute

On February 26, 2014 in the House:

Posted in committee

On February 19, 2014 in the House:

To Local Government (H)

On February 18, 2014 in the House:

Introduced in House

HFA (1, J. Jenkins)

Retain original provisions; clarify the definition of "blighted or deteriorated"; amend provisions relating to the process when the authority obtains a judgment against property and there is no bid at the sale that is equal or greater to the total amount of government certificates and liens to require that the authority notify any highest bidder at the sale of its intent to seek title to the property; require the highest bidder to have 30 days to amend its bid so that all government certificates and liens are satisfied; clarify that the extinguishment of all liens and encumbrances against a property when the land bank takes title does not impact any in personam actions against the former owner of the property or any person responsible for the payment of taxes on the property.

HCS

Retain original provisions; make technical corrections; amend KRS 65.375 to require the land bank authority to make a motion to the court to obtain title to property, rather than having that process occur automatically when a bid in the full amount of all government taxes and liens is not received at the commissioner's sale.