AN ACT relating to programs to encourage the rehabilitation of property.

Summary

The bill directs each Kentucky city or county to create a program that forgives fines, fees and interest on properties donated to qualified entities such as land banks or nonprofit housing groups. Donors must submit an affidavit within 30 days, after which the government waives the charges and releases most liens. It also permits local governments to form joint land‑bank authorities to acquire tax‑delinquent or blighted parcels and to offer assessment moratoriums for rehabilitated homes.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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