SB1476
Vacant and blighted or derelict property; locality allowed to sell.
Summary
As Passed House of Origin. Sale of certain vacant and blighted or derelict property.
Allows a locality where certain vacant and blighted or derelict property is located to petition the circuit court to appoint a special commissioner to execute the necessary deed or deeds to convey the real estate, in lieu of a sale at public auction, to the locality, to the locality's land ... (More) bank entity, or to an existing nonprofit entity designated by the locality to carry out the functions of a land bank. The bill provides that the locality shall require any purchaser by covenants in the deed or other security instrument to (i) begin repair or renovation of the property within six months of purchase and (ii) complete all repairs or renovations necessary to bring the property into compliance with the local building code within a period not to exceed two years of the purchase. (Less)-
Bill History
- 01/17/2025 - Senate: Presented and ordered printed 25104403D
- 01/17/2025 - Senate: Referred to Committee on Local Government
- 01/28/2025 - Senate: Reported from Local Government with amendments (11-Y 3-N)
- 01/28/2025 - Senate: Rules suspended
- 01/28/2025 - Senate: Constitutional reading dispensed (on 1st reading) (39-Y 0-N)
- 01/28/2025 - Senate: Passed by for the day
- 01/28/2025 - Senate: Rereferred to Local Government
- 01/29/2025 - Senate: Read second time
- 01/29/2025 - Senate: Reading of amendment waived
- 01/29/2025 - Senate: Local Government Amendments agreed to
- 01/29/2025 - Senate: Engrossed by Senate as amended
- 01/29/2025 - Senate: Printed as engrossed 25104403D-E
- 01/30/2025 - Senate: Read third time and passed Senate (32-Y 8-N)
- 02/03/2025 - House: Placed on Calendar
- 02/03/2025 - House: Read first time
- 02/03/2025 - House: Referred to Committee on Counties, Cities and Towns
- 02/04/2025 - House: Placed on Counties, Cities and Towns Agenda
- 02/05/2025 - House: Assigned CCT sub: Subcommittee #2
- 02/06/2025 - House: Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
- 02/06/2025 - House: Placed on Counties, Cities and Towns Agenda
- 02/07/2025 - House: Reported from Counties, Cities and Towns with amendment(s) (21-Y 0-N)
- 02/11/2025 - House: Read second time
- 02/12/2025 - House: Read third time
- 02/12/2025 - House: Counties, Cities and Towns Amendment agreed to
- 02/12/2025 - House: Engrossed by House as amended
- 02/12/2025 - House: Passed House with amendments (97-Y 0-N)
- 02/14/2025 - Senate: House Amendment agreed to by Senate (30-Y 5-N)
- 02/18/2025 - Senate: Enrolled
- 02/18/2025 - Senate: Bill text as passed Senate and House (SB1476ER)
- 02/18/2025 - House: Signed by Speaker
- 02/20/2025 - Senate: Signed by President
- 03/03/2025 - Senate: Enrolled Bill Communicated to Governor on March 3, 2025
- 03/03/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/24/2025 - Approved by Governor-Chapter 449 (Effective 07/01/25)
- 03/24/2025 - Acts of Assembly Chapter text (CHAP0449)
