Bill > HB2898

This bill modifies provisions related to land bank agencies, which are public bodies established by counties or municipalities to manage and dispose of tax-delinquent real estate with the goal of returning it to productive use. Key changes include altering the appointment process for the board of directors of land bank agencies in counties with over one million inhabitants, specifying that the county executive, under their charter authority, will appoint the seven board members, and clarifying that these members serve at the pleasure of their appointing authority and without compensation. The bill also makes various technical amendments and clarifications throughout the existing statutes governing land banks and tax collection, such as updating definitions, refining procedures for property acquisition and sale, and adjusting language related to legal actions and financial reporting. For instance, it clarifies that land bank agencies can acquire property through various means and specifies how proceeds from property sales are distributed. Additionally, it addresses potential conflicts of interest for board members and employees, outlines procedures for quiet title actions, and details the process for dissolving a land bank agency. The bill also makes minor adjustments to tax sale procedures and definitions within the broader tax collection framework.

Government Affairs

https://house.mo.gov/Bill.aspx?bill=HB2898&year=2026&code=R