SB 1894: Municipal Land Banks
GENERAL BILL by Torres
Municipal Land Banks; Authorizing one or more municipalities to create a land bank; specifying types of property a land bank may acquire with an automatically accepted bid; providing requirements for the purchase, transfer, inspection of records, and sale of real property held by a land bank; authorizing a land bank to issue specified types of bonds and providing requirements; providing a mechanism for a land bank to acquire real property that is auctioned off as part of a foreclosure, etc.
Effective Date: 7/1/2021
Last Action: 4/30/2021 Senate - Died in Community Affairs
Bill Text: Web Page | PDF
Last Action: 4/30/2021 Senate - Died in Community Affairs
Bill Text: Web Page | PDF
Senate Committee References:
- Community Affairs (CA)
- Finance and Tax (FT)
- Appropriations (AP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/26/2021 | Senate |
• Filed |
| 3/4/2021 | Senate |
• Referred to Community Affairs; Finance and Tax; Appropriations -SJ 210 |
| 3/10/2021 | Senate |
• Introduced -SJ 210 |
| 4/30/2021 | Senate |
• Died in Community Affairs |
