AL SB6 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 1 2023 - 25% progression, died in committee
Action: 2023-02-01 - Introduced and Referred to Senate County and Municipal Government
Pending: Senate County and Municipal Government Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 1 2023 - 25% progression, died in committee
Action: 2023-02-01 - Introduced and Referred to Senate County and Municipal Government
Pending: Senate County and Municipal Government Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Relating to land bank authorities; to amend Sections 24-9-4, 24-9-6, 24-9-10, 40-1-3, 40-10-1, 40-10-18, 40-10-29, 40-10-120, 40-10-184, and to add Sections 29-4-11 and 29-4-12 to the Code of Alabama 1975; to provide for the creation of multijurisdictional local land bank authorities; further authorize the acquisition of tax delinquent property and tax liens by local land bank authorities; further provide for the exemption of land bank authority property from taxes and fees; provide for the allocation of a portion of the ad valorem taxes on property conveyed by a land bank authority to the authority; further provide for the conveyance of land bank authority property; and authorize the Governor to create a local land bank authority in the event of a state of emergency.
Title
Relating to land bank authorities; to amend Sections 24-9-4, 24-9-6, 24-9-10, 40-1-3, 40-10-1, 40-10-18, 40-10-29, 40-10-120, 40-10-184, and to add Sections 29-4-11 and 29-4-12 to the Code of Alabama 1975; to provide for the creation of multijurisdictional local land bank authorities; further authorize the acquisition of tax delinquent property and tax liens by local land bank authorities; further provide for the exemption of land bank authority property from taxes and fees; provide for the allocation of a portion of the ad valorem taxes on property conveyed by a land bank authority to the authority; further provide for the conveyance of land bank authority property; and authorize the Governor to create a local land bank authority in the event of a state of emergency.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-01 | Senate | Introduced and Referred to Senate County and Municipal Government |
| 2023-01-30 | Senate | Prefiled |
Alabama State Sources
| Type | Source |
|---|---|
| Summary | https://alison.legislature.state.al.us/bill-search |
| Text | https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/SB6-int.pdf |
