MO HB652

Expands land bank authority to home rule cities with populations between 71,000 and 79,000 inhabitants, which includes St. Joseph, Missouri

Land banks manage, sell, and transfer tax-delinquent real estate to return nonrevenue-generating properties to private ownership and tax-producing status

Land bank agencies cannot own property located outside their establishing municipality and are limited to selling no more than five contiguous parcels to the same entity per year

Taxing authorities that held tax bills against acquired parcels serve as beneficiaries, with interests proportional to their respective tax bill amounts

Land bank agencies are established as public bodies corporate and politic with perpetual duration until formally terminated under section 141.1012