Bill
HF 517
HF 517 creates a grant program to fund the demolition of vacant school buildings, enhancing community safety and property values while supporting local development.
House File 517 (HF 517) aims to establish a Vacant School Building Demolition Grant Program and fund. The primary goal of this legislation is to facilitate the demolition of vacant school buildings, thereby promoting community development and addressing public safety concerns associated with abandoned properties.
HF 517 includes several important provisions:
Creation of a Grant Program: The bill establishes a grant program specifically for the demolition of vacant school buildings. Political subdivisions (such as cities or counties) can apply for grants to cover demolition costs.
Use of Proceeds: If a political subdivision sells the property after demolition, the proceeds from the sale—after deducting demolition-related costs—must be returned to the grant fund. This ensures that funds are recycled for future demolition projects.
Administrative Costs: The authority overseeing the program may allocate up to 5% of the fund's total amount at the beginning of each fiscal year for administrative expenses, including compliance, marketing, and program support.
Annual Reporting: The authority is mandated to submit an annual report to the General Assembly and the Governor's office by January 31 each year. This report will detail the program's outcomes and provide recommendations for potential improvements.
The bill primarily impacts:
Political Subdivisions: Cities and counties that have vacant school buildings will benefit from the grant program, allowing them to address safety and aesthetic concerns associated with these properties.
Community Residents: Local communities may experience improved safety and property values as vacant buildings are demolished and potentially redeveloped.
State Authority: The designated authority responsible for administering the grant program will oversee the allocation of funds and ensure compliance with the program's guidelines.
Introduced Date: HF 517 was introduced on February 20, 2025, and has been referred to the Appropriations Committee for further consideration.
Effective Date: The bill is set to take effect on July 1, 2025, contingent upon the enactment of legislation that appropriates funds for the grant program for the fiscal year beginning on the same date.
HF 517 represents a proactive approach to managing vacant school properties by providing financial support for their demolition. By establishing a structured grant program, the bill seeks to enhance community safety and promote economic development through the responsible management of abandoned school buildings.
Compiled from official sources — confirm details with the bill’s official record.
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