Municipalities of any population could form a land bank alone, while two or more could form and maintain one through a cooperation agreement.
Municipalities could qualify to establish a land bank alone regardless of population, or work together under a cooperation agreement. Home rule, optional plan, and optional charter municipalities would also qualify.
Any municipality could qualify to establish a land bank alone, regardless of its population. Home rule, optional plan, and optional charter municipalities would be added to the covered forms of local government. Two or more municipalities could establish and maintain a land bank together only through a formal agreement between the local governments; their populations would not matter. These definition changes would take effect 60 days after enactment.
No hearings or votes scheduled.