KRS 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 va cant 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 decontamina tion 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 prevailin g 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.