132.012 "Abandoned urban property" defined -- Classification as real property for tax purposes

132.012 "Abandoned urban property" defined -- Classification as real property for

tax purposes.

As used in this section and in KRS 92.305 and 91.285, unless the context otherwise

requires:

(1) "Abandoned urban property" means any vacant structure or vacant or unimproved

lot or parcel of ground in a predominantly developed urban area which has been

vacant or unimproved for a period of at least one (1) year and which:

(a) Because it is dilapidated, unsanitary, unsafe, vermin infested, or otherwise

dangerous to the safety of persons, it is unfit for its intended use;

(b) By reason of neglect or lack of maintenance has become a place for the

accumulation of trash and debris, or has become infested with rodents or other

vermin;

(c) Has been tax delinquent for a period of at least three (3) years;

(d) Has had a methamphetamine contamination notice posted as provided in KRS

224.1-410 for a period of at least ninety (90) days, and the owner has neither

appealed the notice nor provided a certificate of decontamination during the

ninety (90) days; or

(e) Is located within a development area established under KRS 65.7049,

65.7051, and 65.7053.

(2) For purposes of local taxation in cities of any class or consolidated local

governments, there shall be a classification of real property known as abandoned

urban property. The legislative body of a city of any class, county containing a city

of the first class, or consolidated local government may levy a rate of taxation on

abandoned urban property higher than the prevailing rate of taxation on other real

property in the city, county containing a city of the first class, or consolidated local

government. The limitation upon tax rates established by KRS 132.027 shall not

apply to the rate of taxation on abandoned urban property.