KY SB224

Establishes vested property rights for developers upon filing applications for building permits, development plans, or subdivision plats, locking in development standards in effect at the time of application

Sets vesting periods of 3 years following preliminary development plan approval, with a 2-year extension if the applicant obtains final approval and pursues construction, and a maximum of 10 years from initial approval (15 years for phased developments)

Allows local authorities to terminate vested rights only for material violations, changes in state/federal law, intentional misrepresentation, or with applicant consent, and requires 90 days notice to cure violations

Prohibits local authorities from requiring applicants to waive vested rights as a condition of approval and tolls vesting periods during development moratoria

Restricts standing to challenge land use decisions to applicants, property owners, and third parties who own property in the same zone, would sustain personal damages distinct from the general public, and participated in the approval process