Pursuant to HB 42, passed during the 2006 Regular Session of the Kentucky General Assembly, the review and approval of redevelopment projects that qualify under KRS 103.200 are transferred to the Department for Local Government.
Redevelopment project applicants are now required to submit all application materials and direct inquiries to the State Local Debt Officer.
KRS 103.200, KRS 103.2101, KRS 103.282, KRS 103.286, 200 KAR 15:010
US Code: Office of the Law Revision Counsel of the U.S. House of Representatives
26 USC Subtitle A, CHAPTER 1, Subchapter B, PART IV, Subpart A: Private Activity Bonds
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Recovery Zone Bonds
To ensure compliance with federal regulations relative to debt ceiling on "private activity" bonds.
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