Land banks; authorize counties and municipalities to create to convert certain property to productive use.
(H) Died In Committee
Summary
The bill would let counties and cities establish land bank agencies that can take ownership of vacant, abandoned, or state‑reverted land and turn it into productive uses. These agencies could buy, sell, lease, borrow money, and enter contracts, but they could not levy taxes, impose assessments, or use eminent domain. The measure was intended to boost local economic development but died in committee.
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