HB596: AN ACT relating to annexation.

Legislative Summary

Creates a new section of KRS 65.210 to 65.300 to make interlocal agreements concerning the sharing of occupational or insurance premium tax revenue between a city and a county terminable only with the consent of both parties; amends KRS 65.250 to conform; creates new sections of KRS Chapter 81A to allow a county subject to occupational tax crediting to have standing to challenge a proposed annexation, to require cities that annex territory in counties subject to occupational tax crediting to remit payments to a county or negotiate with a county for investment in a project associated with the annexation in certain circumstances, to require a city that has conducted an annexation that would be subject to the Act to submit information regarding the annexation to the Department for Local Government, to allow counties to establish designated county industrial districts, to define terms, to prohibit annexation by a city of territory within a district without consent of the county, to provide a method to establish a new district or dissolve an existing district, to require certain uses within a district, to set a maximum number and size of districts within a county, and to provide landowners and cities with standing to bring suit against a county concerning a district; amends KRS 81A.412 to require that a city located in a county subject to occupational tax crediting provide written notice to the county in the case of a voluntary annexation; and amends KRS 81A.420 to require that a city provide written notice to a county of annexation, and to eliminate the election in opposition to annexation but allow a petition to defeat annexation proposal.