Any local government establishing a neighborhood redevelopment zone shall establish a program for granting property assessment or reassessment moratoriums pursuant to KRS 99.595 to 99.605. Any residential building located within the neighborhood redevelopment zone shall be eligible for a property assessment moratorium certificate if such building is repaired, restored, rehabilitated or stabilized in accordance with the provisions of KRS 99.595 to 99.605.
KRS 99A.050
Assessment or reassessment moratoriums
Known as the Neighborhood Redevelopment Act
The act spans §§ 99–99 (10 sections).
Effective: July 13, 1984 History: Created 1984 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.