Latest Action:
Introduced
The bill focuses on tax foreclosures and the creation of county land reutilization corporations. It aims to address issues related to properties facing foreclosure due to unpaid taxes by establishing these corporations to manage and repurpose such lands. The main provisions likely include defining the powers and responsibilities of these corporations, outlining procedures for acquiring and managing tax-foreclosed properties, and promoting revitalization efforts for unused lands. This bill could have a significant impact on local communities by facilitating the redevelopment of abandoned properties, potentially leading to economic growth and improved neighborhood conditions.
2024-01-08: Introduced
2024-02-06: Referred to committee: Economic and Workforce Development
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