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PA HB743

PA HB743
In land banks, further providing for acquisition of property and providing for municipal acquisition of real property.


summary

Introduced
02/26/2025
In Committee
04/28/2025
Crossed Over
04/23/2025
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

Amending Title 68 (Real and Personal Property) of the Pennsylvania Consolidated Statutes, in land banks, further providing for acquisition of property and providing for municipal acquisition of real property.

AI Summary

This bill amends Pennsylvania's land bank laws to provide a more detailed process for municipalities to acquire abandoned or blighted properties. Under the new provisions, a municipality can authorize a land bank to acquire a property if it has been abandoned or vacant for five consecutive years, has a history of building code or municipal ordinance violations, and the owner has been unsuccessfully notified at least three times to remediate these issues. The bill establishes a formal notification and appeal process for property owners, allowing them to present a redevelopment plan within 30 days of receiving notice of potential land bank acquisition. If an owner is granted an appeal, the municipality can inspect the property to ensure the redevelopment plan is being implemented, and can revoke the appeal and proceed with land bank acquisition if the plan is not progressing as scheduled. The bill also clarifies that when a land bank acquires a property, it must pay just compensation to the property owner, which is calculated as the appraised property value minus any existing fines, liens, or remediation costs. The new law will take effect 60 days after its passage, providing a structured approach to addressing long-term property abandonment and blight.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (24)

Last Action

Referred to Urban Affairs & Housing (on 04/28/2025)

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