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State Land Use Enacted Legislation
| Bill # | State | Year | Party | Topic |
|---|---|---|---|---|
SN 1214 |
NJ | 2019 | D | Publicly-owned, Vacant or blighted lands |
Provided by Furman
Summary
- Esablishes the New Jersey Land Bank Law for the purposes of addressing the high rate of vacant, abandoned and problem properties.
- Permits a municipality to enter into a land banking agreement with a non-profit or a redevelopment entity, which would serve as the municipality’s land banking entity.
- Allows the land banking agreement to authorize the land bank entity to maintain, rehabilitate, lease, or convey that municipal property.
- Allows a municipality to exempt property held by a nonprofit land bank entity from property taxes until or unless the property is sold and no longer used for a public purpose.
- Requires a land bank entity to develop and maintain an online, publicly accessible database of current and former land bank properties.
- Within six months after designation by the municipality, requires the land bank entity to adopt written regulations governing the sales, leases, and conveyances of land bank property and create a community advisory board, which shall consist of representatives of recognized community associations and non-profit organizations operating within the municipality, including those associations and organizations active in areas where the land bank entity anticipates holding properties.
Provided by lawmakers
Bill Title
AN ACT concerning municipal land banking and online mapping, and amending P.L.1960, c.183 and P.L.1971, c.199, and amending and supplementing P.L.1992, c.79.
Related resources
Enacted Legislation Related Posts
Research and analysis from the Furman Center on this and related housing policy topics.
