Bill Title: Land banks. Allows a county fiscal body to adopt an ordinance authorizing a deduction for property transferred from a land bank. Allows a county fiscal body to adopt an ordinance authorizing the allocation of property tax revenue collected with respect to transferred properties to the transferring entities. Authorizes a third class city to which the unsafe building law applies to establish a land bank to manage and improve the marketability of distressed real property in the city. Establishes memberships on the land bank board of a third class city.

Spectrum: Slight Partisan Bill (Republican 5-3)

Status: (Passed) 2017-04-21 - Public Law 110 [SB0310 Detail]

Text: Latest bill text (Enrolled) [PDF]

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