HB402 — Local land bank authorities; shorten tax sale redemption period; restrictions on geographic scope; creation of multijurisdictional land banks by agreement; Governor's emergency authorization to create land bank

HB402 — Local land bank authorities; shorten tax sale redemption period; restrictions on geographic scope; creation of multijurisdictional land banks by agreement; Governor's emergency authorization to create land bank · Informed CitizenryHB 402 aims to update and streamline the authority of local land banks across Alabama. Land banks are local government bodies that acquire properties, often through tax sales, which they then manag…Open in Informed Citizenry