Kentucky 2022 Regular Session Status: Enacted 1 R cosponsors

HB 274 — AN ACT relating to transportation improvement districts.

Last action — signed by Governor (Acts Ch. 180)

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 12, 2022. Enacted.

Prognosis

Likely to advance 78% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 4 sponsors

    4 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Create new sections of KRS Chapter 184 to establish transportation improvement districts (TIDs) organized by county governments; define terms; allow TIDs to be established by a city with a population of greater than 20,000, a single county, or up to three contiguous counties; establish board makeup and membership requirements for each type of TID; set forth TID duties and powers; set forth public meeting requirements for potential projects; require approval of the establishing body of a TID before any project can be started; allow TIDs to receive revenue from increment bonds as part of a local development area under KRS 65.7041 to 65.7083; set forth powers and procedures for TIDs to issue bonds for projects; allow the Transportation Cabinet to assist a TID in a demonstration project; amend KRS 65.7045 to include TIDs under the definition of "agency" for the purposes of establishing a local development area; amend KRS 416.670 to exempt property acquired for a TID project from the provisions of that statute.

Bill Text

What changed in the latest version

742 added · 1035 removed

742 line(s) added, 1035 removed.

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UNOFFICIAL COPY 22 RS HB 274/GA AN ACT relating to transportation improvement districts.
CHAPTER 180 1 CHAPTER 180 ( HB 274 ) AN ACT relating to transportation improvement districts.
(5) "Bond service fund" means the applicable fund created by the bond proceedings for and pledged to the payment of bond service charges on bonds provided for by Page 1 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA those proceedings, including all moneys, investments, and earnings from investments, credited and to be credited to that fund as provided in the bond proceedings;
(5) "Bond service fund" means the applicable fund created by the bond proceedings for and pledged to the payment of bond service charges on bonds provided for by those proceedings, including all moneys, investments, and earnings from investments, credited and to be credited to that fund as provided in the bond proceedings;
and other expenses Page 2 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA necessary or incidental to determining the feasibility or practicability of constructing a project;
and other expenses necessary or incidental to determining the feasibility or practicability of constructing a project;
(g) Other expenses as may be necessary or incidental to the construction of the project and the financing of such construction;
Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY (g) Other expenses as may be necessary or incidental to the construction of the project and the financing of such construction;
(10) "Financing expenses" means all costs and expenses relating to the authorization, issuance, sale, delivery, authentication, deposit, custody, clearing, registration, transfer, exchange, fractionalization, replacement, payment, and servicing of bonds, including without limitation costs and expenses for or relating to publication and printing, postage, delivery, preliminary and final official Page 3 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA statements, offering circulars, and informational statements, travel and transportation, underwriters, placement agents, investment bankers, paying agents, registrars, authenticating agents, remarketing agents, custodians, clearing agencies or corporations, securities depositories, financial advisory services, certifications, audits, federal or state regulatory agencies, accounting and computation services, legal services and obtaining approving legal opinions and other legal opinions, credit ratings, redemption premiums, and credit enhancement facilities;
(10) "Financing expenses" means all costs and expenses relating to the authorization, issuance, sale, delivery, authentication, deposit, custody, clearing, registration, transfer, exchange, fractionalization, replacement, payment, and servicing of bonds, including without limitation costs and expenses for or relating to publication and printing, postage, delivery, preliminary and final official statements, offering circulars, and informational statements, travel and transportation, underwriters, placement agents, investment bankers, paying agents, registrars, authenticating agents, remarketing agents, custodians, clearing agencies or corporations, securities depositories, financial advisory services, certifications, audits, federal or state regulatory agencies, accounting and computation services, legal services and obtaining approving legal opinions and other legal opinions, credit ratings, redemption premiums, and credit enhancement facilities;
The different interest costs or receipts at, between, or among fixed or Page 4 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA floating interest rates, including at different floating interest rates, are exchanged on stated amounts of bonds or investments, or on notional amounts;
The different interest costs or receipts at, between, or among fixed or floating interest rates, including at different floating interest rates, are exchanged on stated amounts of bonds or investments, or on notional amounts;
(17) "Interstate system" means that portion of the interstate highway system, or the national highway system, located within the Commonwealth;
CHAPTER 180 3 (17) "Interstate system" means that portion of the interstate highway system, or the national highway system, located within the Commonwealth;
(21) "Pledged revenues" means net revenues, moneys and investments, and earnings on those investments, in the applicable bond service fund and any other special funds, and the proceeds of any bonds issued for the purpose of refunding prior bonds, all as lawfully available and by resolution of the district committed for Page 5 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA application as pledged revenues to the payment of bond service charges on particular issues of bonds;
(21) "Pledged revenues" means net revenues, moneys and investments, and earnings on those investments, in the applicable bond service fund and any other special funds, and the proceeds of any bonds issued for the purpose of refunding prior bonds, all as lawfully available and by resolution of the district committed for application as pledged revenues to the payment of bond service charges on particular issues of bonds;
(26) "Remarketing agent" means the person having responsibility for marketing or remarketing commercial paper or bonds with put arrangements, which may Page 6 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA include responsibility for making recommendations or determinations as to prices or interest rates;
(26) "Remarketing agent" means the person having responsibility for marketing or remarketing commercial paper or bonds with put arrangements, which may include responsibility for making recommendations or determinations as to prices or interest rates;
(28) "Special funds" means the applicable bond service fund and any accounts and subaccounts in that fund, any other funds or accounts permitted by, established under, and identified as a special fund or special account in the bond proceedings, including any special fund or account established for purposes of rebate or other requirements under federal income tax laws;
Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY (28) "Special funds" means the applicable bond service fund and any accounts and subaccounts in that fund, any other funds or accounts permitted by, established under, and identified as a special fund or special account in the bond proceedings, including any special fund or account established for purposes of rebate or other requirements under federal income tax laws;
Page 7 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA (1) A transportation improvement district may be created by the legislative body of a city with a population of at least twenty thousand (20,000), a county, or by a group of up to three (3) contiguous counties.
(1) A transportation improvement district may be created by the legislative body of a city with a population of at least twenty thousand (20,000), a county, or by a group of up to three (3) contiguous counties.
Page 8 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA All members appointed under this subsection shall be residents of the county establishing the district.
All members appointed under this subsection shall be residents of the county establishing the district.
and (c) One (1) nonvoting member appointed by the regional planning commission for the counties making up the district.
and CHAPTER 180 5 (c) One (1) nonvoting member appointed by the regional planning commission for the counties making up the district.
One (1) of the voting members appointed by each county shall be members of a chamber of commerce located within that Page 9 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA county.
One (1) of the voting members appointed by each county shall be members of a chamber of commerce located within that county.
(8) The voting members of the board shall elect from the entire board membership a chairperson, vice-chairperson, and secretary-treasurer.
(8) The voting members of the board shall elect from the entire board membership a chairperson, vice- chairperson, and secretary-treasurer.
(3) Sue and be sued in its own name, plead and be impleaded, provided any actions against the district shall be brought in the Circuit Court of the county in which Page 10 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA the principal office of the district is located, or in the Circuit Court of the county in which the cause of action arose, and all summonses, exceptions, and notices of every kind shall be served on the district by leaving a copy thereof at its principal office with the secretary-treasurer;
(3) Sue and be sued in its own name, plead and be impleaded, provided any actions against the district shall be brought in the Circuit Court of the county in which the principal office of the district is located, or in the Circuit Court of the county in which the cause of action arose, and all summonses, exceptions, and notices of every kind shall be served on the district by leaving a copy thereof at its principal office with the secretary-treasurer;
(10) Receive and accept from the federal or any state or local government, including but not limited to any agency, entity, or instrumentality of any of the foregoing, loans and grants for or in aid of the construction, maintenance, or repair of any Page 11 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA project, and receive and accept aid or contributions from any source or person of money, property, labor, or other things of value, to be held, used, and applied only for the purposes for which such loans, grants, and contributions are made.
(10) Receive and accept from the federal or any state or local government, including but not limited to any agency, entity, or instrumentality of any of the foregoing, loans and grants for or in aid of the construction, maintenance, or repair of any project, and receive and accept aid or contributions from any source or person of money, property, labor, or other things of value, to be held, used, and applied only for the Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY purposes for which such loans, grants, and contributions are made.
(4) (a) The board of trustees shall fix a day for a hearing on the proposed Page 12 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA improvement.
(4) (a) The board of trustees shall fix a day for a hearing on the proposed improvement.
The secretary-treasurer of the board shall deliver, to each owner of a parcel of land or a lot that the board identifies as benefiting from the proposed improvement, a notice that sets forth the substance of the proposed improvement and the time and place of the hearing on it.
The secretary- treasurer of the board shall deliver, to each owner of a parcel of land or a lot that the board identifies as benefiting from the proposed improvement, a notice that sets forth the substance of the proposed improvement and the time and place of the hearing on it.
(c) On or before the day of the hearing, the person serving notice of the hearing shall make return thereon, under oath, of the time and manner of service, and shall file the notice with the secretary-treasurer of the board.
(c) On or before the day of the hearing, the person serving notice of the hearing shall make return thereon, under oath, of the time and manner of service, and shall file the notice with the secretary- treasurer of the board.
The publication of the notice shall be verified by affidavit of the printer or other person having knowledge of the publication and shall be filed with the secretary-treasurer of the district on or before the date of the hearing.
The publication of the notice shall be verified by affidavit of the printer or other person having knowledge of the publication and shall be filed with the secretary- treasurer of the district on or before the date of the hearing.
(5) (a) At the time and place specified in the notice for a hearing on the proposed improvement, the board of trustees of the district shall meet and hear any and all testimony provided by any of the parties affected by the proposed Page 13 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA improvement and by any other persons competent to testify.
(5) (a) At the time and place specified in the notice for a hearing on the proposed improvement, the board of trustees of the district shall meet and hear any and all testimony provided by any of the parties affected by the proposed improvement and by any other persons competent to testify.
(c) Costs and expenses may also be paid from the treasury of the district or from other available sources in amounts the board finds appropriate.
CHAPTER 180 7 (c) Costs and expenses may also be paid from the treasury of the district or from other available sources in amounts the board finds appropriate.
Title to real Page 14 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA and personal property shall be held in the name of the district.
Title to real and personal property shall be held in the name of the district.
but in no event shall the property be sold for less than two-thirds (2/3) of its appraised Page 15 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA value.
but in no event shall the property be sold for less than two- thirds (2/3) of its appraised value.
In case any officer whose signature, or a facsimile of whose signature, appears on any bonds or coupons ceases to be the officer before delivery of the bonds, such signature or facsimile shall nevertheless be valid and sufficient for all purposes the same as if the officer had remained in Page 16 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA office until delivery.
In case any officer whose signature, or a facsimile of whose signature, appears on any bonds or Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY coupons ceases to be the officer before delivery of the bonds, such signature or facsimile shall nevertheless be valid and sufficient for all purposes the same as if the officer had remained in office until delivery.
Every pledge, and every covenant and agreement with respect Page 17 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA thereto, made in the bond proceedings may in the bond proceedings be extended to the benefit of the owners and holders of bonds and to any trustee and any person providing a credit enhancement facility for those bonds, for the further security for the payment of the bond service charges and credit enhancement facility costs.
Every pledge, and every covenant and agreement with respect thereto, made in the bond proceedings may in the bond proceedings be extended to the benefit of the owners and holders of bonds and to any trustee and any person providing a credit enhancement facility for those bonds, for the further security for the payment of the bond service charges and credit enhancement facility costs.
Those rights include the right to compel the performance of all duties of the board required by Sections 1 Page 18 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA to 18 of this Act or the bond proceedings;
Those rights include the right to compel the performance of all duties of the board required by Sections 1 to 18 of this Act or the bond proceedings;
and in the event of default with respect to the payment of any bond service charges on any bonds or in the performance of any covenant or agreement on the part of the board contained in the bond proceedings, to apply to a court having jurisdiction of the cause to appoint a receiver to receive and administer the revenues and the pledged revenues which are pledged to the payment of the bond service charges on the bonds or that are the subject of the covenant or agreement, with full power to pay, and to provide for payment of, bond service charges on the bonds, and with the powers, subject to the direction of the court, as are accorded receivers in general equity cases, excluding any power to pledge additional revenue or receipts or other income, funds, or moneys of the board to the payment of the bond service charges and excluding the power to take possession of, mortgage, or cause the sale or otherwise dispose of any project or other property of the board.
and in the event of default with respect to the payment of any bond service charges on any bonds or in the performance of any covenant or agreement on the part of the board contained in the bond proceedings, to apply to a court having jurisdiction of the cause to appoint a receiver to receive and administer the revenues and the pledged revenues which are pledged to the payment of the bond service charges on the bonds or that are the subject of the covenant or agreement, with full power to pay, and to provide for payment of, bond service charges on the bonds, and with the powers, subject to the direction of the court, as are accorded receivers in general equity cases, excluding any power to pledge additional revenue or receipts or other income, funds, or moneys of the board to the CHAPTER 180 9 payment of the bond service charges and excluding the power to take possession of, mortgage, or cause the sale or otherwise dispose of any project or other property of the board.
(12) The bonds are lawful investments for banks, savings and loan associations, credit unions, trust companies, trustees, fiduciaries, insurance companies, including domestic for life and domestic not for life, trustees or other officers having charge of sinking and bond retirement or other funds of the state or its political subdivisions and taxing districts, the commissioners of the sinking fund of the state, the Kentucky Workers' Compensation Funding Commission, state- administered retirement systems as defined in KRS 7A.210, and also are acceptable as security for the repayment of the deposit of public moneys.
(12) The bonds are lawful investments for banks, savings and loan associations, credit unions, trust companies, trustees, fiduciaries, insurance companies, including domestic for life and domestic not for life, trustees or other officers having charge of sinking and bond retirement or other funds of the state or its political subdivisions and taxing districts, the commissioners of the sinking fund of the state, the Kentucky Workers' Compensation Funding Commission, state-administered retirement systems as defined in KRS 7A.210, and also are acceptable as security for the repayment of the deposit of public moneys.
Page 19 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA (13) Provision may be made in the applicable bond proceedings for the establishment of separate accounts in the bond service fund and for the application of such accounts only to the specified bond service charges pertinent to such accounts and bond service fund, and for other accounts therein within the general purposes of the fund.
(13) Provision may be made in the applicable bond proceedings for the establishment of separate accounts in the bond service fund and for the application of such accounts only to the specified bond service charges pertinent to such accounts and bond service fund, and for other accounts therein within the general purposes of the fund.
Bond service Page 20 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA charges on outstanding bonds are payable solely from the pledged revenues pledged for their payment as authorized by Sections 1 to 18 of this Act and as provided in the bond proceedings.
Bond service charges on outstanding bonds are payable solely from the pledged revenues pledged for their payment as authorized by Sections 1 to 18 of this Act and as provided in the bond proceedings.
Any trust agreement or other bond proceedings may contain provisions for protecting and enforcing the rights and remedies of the bondholders as are reasonable and proper and not in violation of law, including covenants setting forth the duties of the board in relation to the acquisition of property, the construction, maintenance, and repair of the project or projects in connection with which the bonds are authorized and the custody, safeguarding, application of all moneys, and provisions for the employment or retention of the services of consulting engineers in connection with the construction, maintenance, or repair of the project or projects.
Any trust agreement or other bond proceedings may contain provisions for protecting and enforcing the rights and remedies of the bondholders as are reasonable and proper and not in violation of law, including covenants setting forth the duties of the board in relation to the acquisition of property, the construction, maintenance, and repair of the project or projects in connection with which the bonds are authorized and the custody, safeguarding, application of all moneys, and provisions for the employment or retention of the services of consulting engineers in connection with the construction, Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY maintenance, or repair of the project or projects.
Any bank or trust company incorporated under the laws of this state which may act as Page 21 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA depository of the proceeds of bonds or of revenues may furnish such indemnifying bonds or may pledge such securities as are required by the board.
Any bank or trust company incorporated under the laws of this state which may act as depository of the proceeds of bonds or of revenues may furnish such indemnifying bonds or may pledge such securities as are required by the board.
The use and disposition of moneys to the credit of a bond Page 22 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA service fund shall be subject to the applicable bond proceedings.
The use and disposition of moneys to the credit of a bond service fund shall be subject to the applicable bond proceedings.
The exercise of the powers granted by Sections 1 to 18 of this Act is in all respects for Page 23 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions.
The exercise of the powers granted by Sections 1 to 18 of this Act is in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions.
Such steps may include advising and providing technical assistance to the district and may also include designating Transportation Cabinet engineers to serve as the cabinet's agent to review project designs and determine if they meet state and federal specifications.
Such steps may include advising and providing technical assistance to the district and may also include designating CHAPTER 180 11 Transportation Cabinet engineers to serve as the cabinet's agent to review project designs and determine if they meet state and federal specifications.
It is hereby found and determined that surface transportation projects undertaken pursuant to Sections 1 to 18 of this Act are essential and will contribute to the improvement of the prosperity, health, safety, and welfare of the people of a transportation improvement district and to all of the state, and that it is in the public interest and a proper public purpose for a transportation improvement district to Page 24 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA acquire, construct, enlarge, improve, equip, sell, lease, lease-purchase, exchange, or otherwise dispose of property, structures, and other facilities for such transportation projects.
It is hereby found and determined that surface transportation projects undertaken pursuant to Sections 1 to 18 of this Act are essential and will contribute to the improvement of the prosperity, health, safety, and welfare of the people of a transportation improvement district and to all of the state, and that it is in the public interest and a proper public purpose for a transportation improvement district to acquire, construct, enlarge, improve, equip, sell, lease, lease-purchase, exchange, or otherwise dispose of property, structures, and other facilities for such transportation projects.
Page 25 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA As used in KRS 65.7041 to 65.7083:
As used in KRS 65.7041 to 65.7083:
Page 26 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA (5) "Brownfield site" means real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant;
Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY (5) "Brownfield site" means real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant;
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Page 27 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA (9) "Commonwealth" means the Commonwealth of Kentucky;
(9) "Commonwealth" means the Commonwealth of Kentucky;
Page 28 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA (18) "Issuer" means a city, county, or agency issuing increment bonds;
(18) "Issuer" means a city, county, or agency issuing increment bonds;
(22) "Local tax revenues" means:
CHAPTER 180 13 (22) "Local tax revenues" means:
(26) "Old revenues" means the amount of local tax revenues received by a taxing district with respect to a development area or a local development area during the last Page 29 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA calendar year prior to the commencement date.
(26) "Old revenues" means the amount of local tax revenues received by a taxing district with respect to a development area or a local development area during the last calendar year prior to the commencement date.
and Page 30 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA (b) Being for the development of facilities for residential, commercial, industrial, public, recreational, or other uses, or for open space, including the development, rehabilitation, renovation, installation, improvement, enlargement, or extension of real estate and buildings;
and (b) Being for the development of facilities for residential, commercial, industrial, public, recreational, or other uses, or for open space, including the development, rehabilitation, renovation, installation, improvement, enlargement, or extension of real estate and buildings;
(c) Grant and loan programs to encourage the construction or rehabilitation of residential, commercial, and industrial buildings;
Legislative Research Commission PDF Version ACTS OF THE GENERAL ASSEMBLY (c) Grant and loan programs to encourage the construction or rehabilitation of residential, commercial, and industrial buildings;
Applications to the Energy and Environment Cabinet for a brownfields Page 31 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA assessment or a No Further Remediation Letter issued pursuant to KRS 224.1-450;
Applications to the Energy and Environment Cabinet for a brownfields assessment or a No Further Remediation Letter issued pursuant to KRS 224.1-450;
Site remediation by means of the Voluntary Environmental Remediation Program to remove environmental contamination in the development area, or lots or parcels within it, pursuant to KRS 224.1-510 to 224.1- 532;
Site remediation by means of the Voluntary Environmental Remediation Program to remove environmental contamination in the development area, or lots or parcels within it, pursuant to KRS 224.1-510 to 224.1-532;
(33) "Taxing district" means any city, county, or special taxing district other than school Page 32 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA districts and fire districts;
(33) "Taxing district" means any city, county, or special taxing district other than school districts and fire districts;
(34) "Tax incentive agreement" means an agreement entered into under KRS 154.30- 070;
(34) "Tax incentive agreement" means an agreement entered into under KRS 154.30-070;
(c) For a local participation agreement, a date that is no more than twenty (20) years from the activation date.
CHAPTER 180 15 (c) For a local participation agreement, a date that is no more than twenty (20) years from the activation date.
and (d) For a local development area agreement, a date that is no more than twenty Page 33 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA (20) years from the activation date.
and (d) For a local development area agreement, a date that is no more than twenty (20) years from the activation date.
Provided, however, that this section shall not apply to property acquired for purposes of industrial development pursuant to KRS Page 34 of 35 HB027410.100 - 298 - XXXX GA UNOFFICIAL COPY 22 RS HB 274/GA Chapter 152 or a project of a transportation improvement district under Sections 1 to 18 of this Act.
Provided, however, that this section shall not apply to property acquired for purposes of industrial development pursuant to KRS Chapter 152 or a project of a transportation improvement district under Sections 1 to 18 of this Act.
Page 35 of 35 HB027410.100 - 298 - XXXX GA
Signed by Governor April 8, 2022.
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Action History

  1. signed by Governor (Acts Ch. 180)

  2. delivered to Governor

  3. enrolled, signed by President of the Senate

  4. enrolled, signed by Speaker of the House

  5. received in House

  6. 3rd reading, passed 32-1

  7. passed over and retained in the Orders of the Day

  8. posted for passage in the Regular Orders of the Day for Tuesday, March 29, 2022

  9. 2nd reading, to Rules

  10. reported favorably, 1st reading, to Calendar

  11. to Transportation (S)

  12. to Committee on Committees (S)

  13. received in Senate

  14. 3rd reading, passed 93-0

  15. posted for passage in the Regular Orders of the Day for Friday, March 11, 2022

  16. 2nd reading, to Rules

  17. reported favorably, 1st reading, to Calendar

  18. to Appropriations & Revenue (H)

  19. to Committee on Committees (H)

  20. introduced in House

Sponsors

  • S. Santoro · Primary
  • C. Miller · Primary
  • R. Palumbo · Primary
  • Deanna Gordon · Primary

Sponsorship breakdown

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4 sponsors · 0 co-sponsors · 134 not signed on

Sponsors (4)

Co-sponsors (0)

None.

Not signed on (134)

134 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

FINAL PASSAGE HB 274

Passed 32 Yea · 1 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 15102
Democrat 2000
Republican 15002
Total 32104
% of votes cast 86%3%0%11%
How each member voted (37)
Member Party Vote
Alvarado — Yea
Nemes — Yea
Turner — Yea
Schickel — Yea
Hornback — Yea
Schroder — Yea
Smith — Yea
Westerfield — Yea
Castlen — Yea
McGarvey — Yea
Meredith — Yea
Thayer — Yea
Thomas — Yea
Yates — Yea
Southworth — Nay
Embry — Not Voting
Parrett — Not Voting
Harper Angel — Yea
Gerald A. Neal Democrat Yea
Karen Berg Democrat Yea
Brandon J. Storm Republican Yea
Christian McDaniel Republican Not Voting
Danny Carroll Republican Yea
David P. Givens Republican Yea
Donald Douglas Republican Yea
Jared Carpenter Republican Yea
Jason Howell Republican Yea
Jimmy Higdon Republican Yea
Julie Raque Adams Republican Not Voting
Max Wise Republican Yea
Mike Wilson Republican Yea
Phillip Wheeler Republican Yea
Rick Girdler Republican Yea
Robby Mills Republican Yea
Robert Stivers Republican Yea
Robin L. Webb Republican Yea
Stephen West Republican Yea

Official roll call →

Pass

Passed 93 Yea · 0 Nay · 5 Other
Party YeaNayPresentNot Voting
Republican 51001
Unaffiliated 33004
Democrat 9000
Total 93005
% of votes cast 95%0%0%5%
How each member voted (98)
Member Party Vote
Meredith — Yea
Santoro — Yea
DuPlessis — Yea
Bechler — Yea
Sheldon — Yea
Bentley — Yea
Fischer — Yea
Jenkins — Yea
Smith — Yea
Minter — Yea
Nemes — Yea
Koenig — Yea
Thomas — Yea
Timoney — Yea
Pratt — Yea
Prunty — Yea
Burch — Yea
Graham — Yea
Raymond — Yea
Webber — Yea
Cantrell — Yea
Hatton — Yea
Westrom — Yea
Dixon — Yea
Heath — Yea
McCoy — Yea
Wheatley — Yea
Donohue — Yea
Flood — Not Voting
Massey — Not Voting
Rowland — Not Voting
Scott — Not Voting
Huff R — Yea
Kirk McCormick — Yea
Miller C — Yea
Miller J — Yea
Stevenson C — Yea
Al Gentry Democrat Yea
Ashley Tackett Laferty Democrat Yea
George Brown Jr. Democrat Yea
Keturah J. Herron Democrat Yea
Lisa Willner Democrat Yea
Mary Lou Marzian Democrat Yea
Nima Kulkarni Democrat Yea
Pamela Stevenson Democrat Yea
Tina Bojanowski Democrat Yea
Aaron Reed Republican Yea
Adam Bowling Republican Yea
Bill Wesley Republican Yea
Bobby McCool Republican Yea
Chris Freeland Republican Yea
Chris Fugate Republican Yea
DJ Johnson Republican Yea
Daniel Elliott Republican Yea
Daniel Fister Republican Yea
David Hale Republican Yea
David Meade Republican Yea
David W. Osborne Republican Yea
Deanna Gordon Republican Yea
Derek Lewis Republican Yea
Felicia Rabourn Republican Yea
James Tipton Republican Yea
Jason Petrie Republican Yea
Jennifer Decker Republican Yea
Jim Gooch Jr. Republican Yea
John Blanton Republican Yea
Josh Branscum Republican Yea
Josh Bray Republican Yea
Josh Calloway Republican Yea
Ken Fleming Republican Yea
Ken Upchurch Republican Yea
Kim Banta Republican Yea
Kim King Republican Yea
Kimberly Poore Moser Republican Yea
Mark Hart Republican Yea
Mary Beth Imes Republican Yea
Matt Lockett Republican Yea
Matthew Koch Republican Yea
Michael Sarge Pollock Republican Yea
Myron Dossett Republican Yea
Nancy Tate Republican Yea
Patrick Flannery Republican Yea
Randy Bridges Republican Yea
Richard White Republican Not Voting
Ryan Dotson Republican Yea
Samara Heavrin Republican Yea
Savannah Maddox Republican Yea
Scott Sharp Republican Yea
Shane Baker Republican Yea
Shawn McPherson Republican Yea
Steve Bratcher Republican Yea
Steve Riley Republican Yea
Steven Rudy Republican Yea
Suzanne Miles Republican Yea
T.J. Roberts Republican Yea
Thomas Huff Republican Yea
Timmy Truett Republican Yea
William Lawrence Republican Yea

Official roll call →

Subjects

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Frequently asked questions

What does HB 274 do?
Create new sections of KRS Chapter 184 to establish transportation improvement districts (TIDs) organized by county governments; define terms; allow TIDs to be established by a city with a population of greater than 20,000, a single county, or up to three contiguous counties; establish board makeup and membership requirements for each type of TID; set forth TID duties and powers; set forth public meeting requirements for potential projects; require approval of the establishing body of a TID before any project can be started; allow TIDs to receive revenue from increment bonds as part of a local development area under KRS 65.7041 to 65.7083; set forth powers and procedures for TIDs to issue bonds for projects; allow the Transportation Cabinet to assist a TID in a demonstration project; amend KRS 65.7045 to include TIDs under the definition of "agency" for the purposes of establishing a local development area; amend KRS 416.670 to exempt property acquired for a TID project from the provisions of that statute.
Who sponsors HB 274?
HB 274 is sponsored by S. Santoro, C. Miller, R. Palumbo, and Deanna Gordon (Republican).
What is the current status of HB 274?
This bill has been enacted into law. Introduced January 12, 2022. Enacted.
Where can I track HB 274?
Track HB 274 free on One Click Politics — get push/email alerts when it moves.

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