Environmental & Healthcare Legislative Watch50 States · D.C. · U.S. Congress
From official state and federal legislative records. Informational only, not legal advice.
Signed — now law
The governor signed it. This is now an official law.
The governor signed it. Nothing left to watch.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
CCS/HCS/SS/SCS/SB 973 - The act creates and modifies provisions relating to real estate transactions. REAL ESTATE TAXES (Section 140.010 and 141.230) Current law requires a parcel located in certain counties to have unpaid taxes for a period of at least two years prior to the county satisfying such delinquent taxes through judicial foreclosure rather than through sale at auction. This act repeals such two year requirement. (Section 140.010 and 141.230) The act makes technical changes to certain other provisions relating to real estate taxes. These provisions are identical to the provisions in SCS/SB 843 (2026), the perfected SS/SCS/SB 1001(2026) and the perfected HB 2898 (2026). LAND BANKS (Sections 140.981, 140.982, 140.987, 140.994, 141.984) The act provides that a land bank agency shall not own any interest in real estate located outside the municipality or county, instead of the city as currently provided, that established the land bank. (Section 140.981) Current law provides for the appointment of county land bank directors by various agencies. This act provides that the appointment of such directors shall be appointed by the county executive pursuant to the county charter. (Section 140.982) Current law requires a land bank agency to verify that a buyer is not the original owner or relative owner of the property. This act repeals such requirement. (Section 140.987) Currently, a land bank agency shall have power to receive funds from bonds issued by the county or municipality that created the land bank agency for any of its corporate purposes. The act repeals the term "corporate" from this provision. (Section 140.994) Current law allows a land bank agency to purchase a parcel of real property only for the purpose of adding to a parcel already owned by the land bank agency. This act repeals such provision. (Section 141.984) The act makes technical changes to certain other provisions relating to land banks. These provision
