Kentucky 2022 Regular Session

Kentucky Senate Bill SB330

Introduced
3/3/22  
Refer
3/3/22  

Caption

AN ACT relating to economic development.

Impact

The implications of SB330 mean that if a governmental unit fails to develop the condemned land within five years for the stated purpose, the individuals whose property was taken will have the right to reacquire it at the original price. This provision aims to protect property owners' rights and provides a legal avenue for them to retrieve their land if the government does not adhere to its commitments. As a result, the bill may significantly enhance property protections and reinforce the principle of due process in property condemnation cases.

Summary

SB330 aims to amend existing laws related to economic development by affecting the powers of governmental units regarding property condemnation. The bill stipulates that no governmental unit shall have the authority to condemn property unless they first issue a proper public notice indicating the specific purpose for which the property is to be used. This change is designed to provide greater transparency and accountability in the condemnation process, ensuring that property owners are informed about the intended use of their land before it is taken by the government.

Sentiment

General sentiment towards SB330 appears to be cautious, with supporters acknowledging the importance of safeguarding property rights and enhancing governmental accountability. However, there are concerns from opponents who fear that the limitations on governmental authority could potentially hamper necessary economic development projects. The debate reflects a tension between ensuring citizens' rights while also enabling the government to execute development initiatives that could benefit the community.

Contention

Notable points of contention surrounding SB330 include the balance between individual property rights and the needs of government for public development. Critics argue that overly stringent requirements for condemnation could delay or complicate essential infrastructure projects, while proponents believe that enhanced scrutiny over how land is appropriated is vital for protecting citizens from overreach. This discussion highlights ongoing issues regarding property rights versus public necessity in legislative frameworks.

Companion Bills

No companion bills found.

Previously Filed As

KY SB172

AN ACT relating to economic development.

KY HB561

AN ACT relating to economic development.

KY HB671

AN ACT relating to economic development.

KY HB477

AN ACT relating to economic development.

KY SB285

AN ACT relating to name, image, and likeness activities of intercollegiate student-athletes and declaring an emergency.

KY HB552

AN ACT relating to economic development.

KY HB712

AN ACT relating to economic development.

KY HB303

AN ACT relating to economic development.

KY SB985

Economic Development - County or Municipality Economic Development Authority - Powers and Use of Proceeds

KY HB692

Economic Development - County or Municipality Economic Development Authority - Powers and Use of Proceeds

Similar Bills

No similar bills found.