Bill Title: Land banks. Authorizes a county, consolidated city, or second class city to which the unsafe building law applies to establish a municipal corporation known as a land bank to manage and improve the marketability of distressed real property in the county or city that establishes the land bank. Requires a land bank's bylaws to require the land bank board (board) to approve any conveyance of real property in an open meeting and consider any pertinent information regarding the property's value or the financial ability of a person before approving a conveyance. Allows the land bank to enter into an agreement

Spectrum: Bipartisan Bill

Status: (Passed) 2016-03-24 - Public Law 211 [SB0232 Detail]

Text: Latest bill text (Enrolled) [PDF]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Timothy Lanane [D]	Primary	Sponsored Bills	SD-025	FollowTheMoney	Ballotpedia	VoteSmart
Senator Doug Eckerty [R]	Primary	Sponsored Bills	SD-026	FollowTheMoney	Ballotpedia	VoteSmart
Senator John Broden [D]	Cosponsor	Sponsored Bills	SD-010	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jon Ford [R]	Cosponsor	Sponsored Bills	SD-038	FollowTheMoney	Ballotpedia	VoteSmart
Senator Lonnie Randolph [D]	Cosponsor	Sponsored Bills	SD-002	FollowTheMoney	Ballotpedia	VoteSmart
Representative John Price [R]	Primary	Sponsored Bills	HD-047	FollowTheMoney	Ballotpedia	VoteSmart
Representative Melanie Wright [D]	Primary	Sponsored Bills	HD-035	FollowTheMoney	Ballotpedia	VoteSmart
Representative Terri Jo Austin [D]	Primary	Sponsored Bills	HD-036	FollowTheMoney	Ballotpedia	VoteSmart
Representative Edward Clere [R]	Primary	Sponsored Bills	HD-072	FollowTheMoney	Ballotpedia	VoteSmart

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