Jim Spellman, Getty Images/Frazer Harrison, ACMA, Getty Images for ACMA
Keith and Bill will have stars placed on sidewalk medallions with their name displayed in a star-and-guitar design. These plaques will reside in the Walk of Fame Park on Demonbreun Street, between 4th and 5th Avenues South.
"I've never really made goals," Keith told Country Weekly. "I tend to do better at just showing up every day, suiting up, and being prepared for what comes ... Probably every day I'm trying to figure out the best I could really be."
Bill, who recently blogged he was in Key West writing with Jamey Johnson and others, is somewhat stunned by the recognition that has come in recent years.
"They figured, 'Hey, if this old-timer is good enough for Vince Gill, maybe I should give him a few minutes of my time,'" Bill tells American Profile, referring to co-writing 'Which Bridge to Cross (Which Bridge to Burn),' a Top 10 hit for Vince in 1995. "That's how the doors began to open."
Fans are invited to the free induction ceremony at 2:30 p.m. Sunday, May 15 in Walk of Fame Park.
Keith's Get Closer World Tour begins June 16 in Biloxi, Miss. For a complete list of his upcoming concerts, check here.