Bill > SB843

This bill modifies provisions related to unpaid taxes and fees, primarily by updating and expanding the "Land Bank Act" in Missouri. It introduces changes to how delinquent taxes are handled, including the establishment and operation of land bank agencies by counties and municipalities. These agencies are designed to manage, sell, and transfer tax-delinquent properties, aiming to return them to productive use or private ownership. The bill clarifies the powers and responsibilities of land bank agencies, their board members, and their financial operations, including how proceeds from property sales are distributed. It also makes adjustments to the foreclosure process for delinquent taxes, including notice requirements and sale procedures, and introduces provisions for handling unpaid sewer charges by public sewer districts, granting them lien priority and the ability to request water service disconnection.

Government Affairs

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=278