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MO HB2898

MO HB2898
Modifies provisions relating to boards of directors of newly established land bank agencies


summary

Introduced
01/12/2026
In Committee
04/28/2026
Crossed Over
04/07/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Modifies provisions relating to boards of directors of newly established land bank agencies

AI Summary

This bill modifies provisions related to land bank agencies, which are entities established by counties or municipalities to manage, sell, and dispose of real estate, often properties with delinquent taxes, with the goal of returning them to productive use. Key changes include clarifying the composition and appointment process for the boards of directors of these agencies, particularly for counties with over one million inhabitants, by shifting appointment authority to the county executive and outlining specific qualifications and duties for board members. The bill also makes several technical amendments to existing laws concerning tax collection, land bank operations, and the powers and responsibilities of these agencies, such as refining definitions, adjusting procedures for property acquisition and disposition, and clarifying rules around sales and redemption periods. For instance, it specifies that land bank agencies can now lease property for "any" community, noncommercial, or agricultural uses, and it updates language regarding the process for quieting title on properties held by these agencies. Additionally, the bill addresses the priority of liens for sewer charges, stating they have priority above all liens except for state and county taxes.

Committee Categories

Government Affairs

Sponsors (6)

Last Action

Placed on Informal Calendar (on 05/07/2026)

bill text


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