MO SB1556

Repeals and reenacts 48 sections of Missouri law relating to the collection of delinquent property taxes and the operation of land bank agencies in counties with more than one million inhabitants and municipalities with more than 1,500 inhabitants

Removes the two-year delinquency waiting period for counties to elect to operate under alternative tax foreclosure procedures as "partial opt-in counties," while requiring eligible counties to first establish a land bank agency before making this election

Establishes that all seven land bank agency board members shall be appointed by the county executive under county charter authority, with members representing specific county council districts and the municipal league

Requires land banks to sell, put to productive use, or show significant progress on acquired properties within five years, with mandatory sale or public use within eight years, and allows one-year extensions under unforeseen circumstances

Strengthens sewer district lien priority, giving public sewer district liens priority above all liens except state and county taxes, and authorizing service disconnection after three months of unpaid charges