VA HB2052 | 2021 | Regular Session


Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 12 2021 - 25% progression, died in committee
Action: 2021-02-05 - Left in Counties, Cities and Towns
Pending: House Counties, Cities and Towns Committee
Text: Latest bill text (Prefiled) [HTML]


Land banks; right of first refusal for tax delinquent parcels. Requires localities that have established a land bank to establish a procedure whereby the land bank shall have a right of first refusal for tax delinquent parcels prior to such property being sold at auction. The price for any such purchase by the land bank shall be $1 and any court and transaction expenses. If a land bank exercises its right of first refusal to purchase a property from the locality and, in the judgment of the locality, fails to begin rehabilitation of the property or fails to take other action to cause reuse of the property within one year, such as transferring the property to a nonprofit entity, ownership of the property shall revert back to the locality. These provisions may be utilized for any parcel with a value that does not exceed 80 percent of the median value of parcels in the locality.

Tracking Information

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Land banks; right of first refusal for tax delinquent parcels.


Roll Calls

2021-01-21 - House - House: Subcommittee recommends reporting with amendments (6-Y 3-N) (Y: 6 N: 3 NV: 0 Abs: 0) [PASS]


2021-02-05HouseLeft in Counties, Cities and Towns
2021-01-21HouseSubcommittee recommends reporting with amendments (6-Y 3-N)
2021-01-19HouseAssigned CC & T sub: Land Use
2021-01-12HouseReferred to Committee on Counties, Cities and Towns
2021-01-12HousePrefiled and ordered printed; offered 01/13/21 21102503D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
152907.3(n/a)See Bill Text

Virginia State Sources

Bill Comments