AN ACT relating to economic development.

This bill amends a Kentucky law governing property condemnation for economic development projects to include gender-neutral language. The amendment ensures that when a government entity takes private property for public use, it must provide proper public notice and prove the specific purpose for the condemnation. If the property is not developed within five years according to the stated purpose, the original owner has the right to repurchase the land at the price the government paid, plus recover legal costs. The change applies to all governmental units in Kentucky and affects property owners whose land might be taken for development purposes.