KY SB120 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 20 2023 - 100% progression
Action: 2023-03-20 - signed by Governor (Acts Ch. 23)
Text: Latest bill text (Chaptered) [PDF]

Summary

Create new sections of KRS Chapter 381 to define terms related to planned communities; require newly organized planned communities to file a declaration in the office of the county clerk or clerks where the planned community is located; provide how an association shall be organized by declaration accompanied by bylaws that organize a board of directors and day to day functions of the board; provide the time period for periods of declarant control of the associations; provide for the duties and responsibilities of associations and their boards; provide for a process to amend declarations; provide requirements for declarations or bylaws of associations and for their board meetings; provide for rights and responsibilities of associations; require associations to keep certain financial records; provide owners the right to examine and copy certain records of associations; allow associations to assess lot owners for certain expenses; provide for annual assessments of each lot unless established otherwise in the declaration or the governing documents of the association and for an annual budget to be adopted by the association's board; require all owners, residents, tenants, and other persons to comply with any covenants, conditions, and restrictions of planned communities and associations; provide for associations to have a continuing lien for non-payment of levied assessments; provide that an association shall not prohibit the outdoor display of political yard signs from 30 days before any primary; regular election, or special election until seven days after that election; provide that the Act may be cited as the Planned Community Act.

Tracking Information

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Title

AN ACT relating to residential communities.

Sponsors


Roll Calls

2023-03-14 - House - House: Third Reading RCS# 242 (Y: 96 N: 2 NV: 0 Abs: 2) [PASS]
2023-02-28 - Senate - Senate: Third Reading RSN# 2513 (Y: 35 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2023-03-20Senatesigned by Governor (Acts Ch. 23)
2023-03-15Senatedelivered to Governor
2023-03-15Senateenrolled, signed by Speaker of the House
2023-03-15Senateenrolled, signed by President of the Senate
2023-03-15Senatereceived in Senate
2023-03-14House3rd reading, passed 96-2
2023-03-09Houseposted for passage in the Regular Orders of the Day for Friday, March 10, 2023
2023-03-09House2nd reading, to Rules
2023-03-08Housereported favorably, 1st reading, to Calendar
2023-03-02Houseto Judiciary (H)
2023-02-28Houseto Committee on Committees (H)
2023-02-28Housereceived in House
2023-02-28Senate3rd reading, passed 35-0
2023-02-28Senateposted for passage in the Regular Orders of the Day for Tuesday, February 28, 2023
2023-02-24Senate2nd reading, to Rules
2023-02-23Senatereported favorably, 1st reading, to Calendar
2023-02-16Senateto Judiciary (S)
2023-02-14Senateto Committee on Committees (S)
2023-02-14Senateintroduced in Senate

Subjects


Kentucky State Sources


Bill Comments

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