Provides for establishment of pilot program for acquiring abandoned properties in certain municipalities and develop land bank agreement.

Summary

The bill establishes a pilot program that lets selected municipalities acquire abandoned properties and develop a land‑bank agreement to manage them. It would affect local governments and owners of vacant land, aiming to reduce blight and promote community revitalization. By testing this approach, the state hopes to find a model for broader property‑reuse efforts.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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