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Glossary of Legislative Terms

SB 1894: Municipal Land Banks

GENERAL BILL by Torres

Municipal Land Banks; Authorizing one or more municipalities to create a land bank; specifying types of property a land bank may acquire with an automatically accepted bid; providing requirements for the purchase, transfer, inspection of records, and sale of real property held by a land bank; authorizing a land bank to issue specified types of bonds and providing requirements; providing a mechanism for a land bank to acquire real property that is auctioned off as part of a foreclosure, etc.

Effective Date: 7/1/2021
 Last Action: 4/30/2021 Senate - Died in Community Affairs
Bill Text: Web Page | PDF
Senate Committee References:
  1. Community Affairs (CA)
  2. Finance and Tax (FT)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    2/26/2021 Senate • Filed
    3/4/2021 Senate • Referred to Community Affairs; Finance and Tax; Appropriations -SJ 210
    3/10/2021 Senate • Introduced -SJ 210
    4/30/2021 Senate • Died in Community Affairs

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  • SB 1894, Original Filed Version (Current Bill Version) Posted 2/26/2021 at 4:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1449 Municipal Land Banks Arrington Similar Last Action: 4/30/2021 H Died in Local Administration & Veterans Affairs Subcommittee Track This Bill

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