Missouri 2025 Regular Session

Missouri House Bill HB717 Compare Versions

Only one version of the bill is available at this time.
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11 FIRSTREGULARSESSION
22 HOUSEBILLNO.717
33 103RDGENERALASSEMBLY
44 INTRODUCEDBYREPRESENTATIVEFALKNER.
55 1646H.01I DANARADEMANMILLER,ChiefClerk
66 ANACT
77 Torepealsections140.190,140.984,140.985,and140.988,RSMo,andtoenactinlieu
88 thereoffournewsectionsrelatingtolandbanks.
99 BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows:
1010 SectionA.Sections140.190,140.984,140.985,and140.988,RSMo,arerepealed
1111 2andfournewsectionsenactedinlieuthereof,tobeknownassections140.190,140.984,
1212 3140.985,and140.988,toreadasfollows:
1313 140.190.1.Onthedaymentionedinthenotice,thecountycollectorshallcommence
1414 2thesaleofsuchlands,andshallcontinuethesamefromdaytodayuntileachparcelassessed
1515 3orbelongingtoeachpersonassessedshallbesoldaswillpaythetaxes,interestandcharges
1616 4thereon,orchargeabletosuchpersoninsaidcounty.
1717 5 2.(1)Thepersonorlandbankagencyofferingatsaidsaletopaytherequiredsum
1818 6foratractshallbeconsideredthepurchaserofsuchland;provided,nosaleshallbemadeto
1919 7anypersonordesignatedagentwho[:
2020 8 (a)]iscurrentlydelinquentonanytaxpaymentsonanyproperty,otherthana
2121 9delinquencyonthepropertybeingofferedforsale,andwhodoesnotsignanaffidavitstating
2222 10suchatthetimeofsale.Failuretosignsuchaffidavitaswellassigningafalseaffidavitmay
2323 11invalidatesuchsale[;
2424 12 (b)Isamemberofthegoverningbodyofalandbankagency;
2525 13 (c)Isanemployeeofalandbankagency;
2626 14 (d)Isanelectedorappointedofficialofthegoverningbody,oranemployeeofsuch
2727 15official,ofthepoliticalsubdivisioninwhichalandbankagencyislocated;or
2828 EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis
2929 intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 16 (e)Isrelatedwithintheseconddegreeofconsanguinitytoapersondescribedin
3030 17paragraphs(b)to(d)ofthissubdivision].
3131 18 (2)NobidshallbereceivedfromanypersonnotaresidentofthestateofMissourior
3232 19aforeigncorporationorentityalldeemednonresidents.Anonresidentshallfilewithsaid
3333 20collectoranagreementinwritingconsentingtothejurisdictionofthecircuitcourtofthe
3434 21countyinwhichsuchsaleshallbemade,andalsofilingwithsuchcollectoranappointmentof
3535 22somecitizenofsaidcountyasagentofsaidnonresident,andconsentingthatserviceof
3636 23processonsuchagentshallgivesuchcourtjurisdictiontotryanddetermineanysuitgrowing
3737 24outoforconnectedwithsuchsalefortaxes.Afterthedelinquentauctionsale,anycertificate
3838 25ofpurchaseshallbeissuedtotheagent.Aftermeetingtherequirementsofsection140.405,
3939 26thepropertyshallbeconveyedtotheagentonbehalfofthenonresident,andtheagentshall
4040 27thereafterconveythepropertytothenonresident.Acollectormayprecludeaprospective
4141 28bidderfromparticipatinginasaleforfailuretocomplywithanyoftheprovisionsofthis
4242 29section.
4343 30 3.Allsuchwrittenconsentstojurisdictionandselectiveappointmentsshallbe
4444 31preservedbythecountycollectorandshallbebindinguponanypersonorcorporation
4545 32claimingunderthepersonconsentingtojurisdictionandmakingtheappointmentherein
4646 33referredto;providedfurther,thatintheeventofthedeath,disabilityorrefusaltoactofthe
4747 34personappointedasagentofsaidnonresidentthecountyclerkshallbecometheappointeeas
4848 35agentofsaidnonresident.
4949 36 4.Noperson[residinginanyhomerulecitywithmorethanseventy-onethousandbut
5050 37fewerthanseventy-ninethousandinhabitants] shallbeeligibletooffertopurchaselands
5151 38underthissectionunlesssuchpersonhas,nolaterthantendaysbeforethesaledate,
5252 39demonstratedtothesatisfactionoftheofficialchargedbylawwithconductingthesalethat
5353 40thepersonisnottheownerofanyparcelofrealpropertythathastwoormoreviolationsof
5454 41themunicipality'sbuildingorhousingcodes.Aprospectivebiddermaymakesucha
5555 42demonstrationbypresentingstatementsfromtheappropriatecollectionandcodeenforcement
5656 43officialsofthemunicipality.Thissubsectionshallnotapplytoanytaxingauthorityorland
5757 44bankagency,andentitiesshallbeeligibletobidatanysaleconductedunderthissection
5858 45withoutmakingsuchademonstration.
5959 140.984.1.Theincomeofalandbankagencyshallbeexemptfromalltaxationby
6060 2thestateandbyanyofitspoliticalsubdivisions.Uponacquiringtitletoanyrealestate,aland
6161 3bankagencyshallimmediatelynotifythecountyassessorandthecountycollectorofsuch
6262 4ownership;alltaxes,specialtaxes,fines,andfeesonsuchrealestateshallbedeemedsatisfied
6363 5bytransfertothelandbankagency;andsuchpropertyshallbeexemptfromalltaxation
6464 6duringthelandbankagency'sownershipthereof,inthesamemannerandtothesameextent
6565 7asanyotherpubliclyownedrealestate.Uponthesaleorotherdispositionofanyrealestate
6666 HB717 2 8heldbyit,thelandbankagencyshallimmediatelynotifythecountyassessorandthecounty
6767 9collectorofsuchchangeofownership.However,thatsuchtaxexemptionforimprovedand
6868 10occupiedrealpropertyheldbythelandbankagencyasalessorpursuanttoagroundlease
6969 11shallterminateuponthefirstoccupancy,andthelandbankagencyshallimmediatelynotify
7070 12thecountyassessorandthecountycollectorofsuchoccupancy.
7171 13 2.Alandbankagencymayacquirerealpropertybygift,devise,transfer,exchange,
7272 14foreclosure,purchase,orpursuanttosections141.560to141.580orsection141.821,excepta
7373 15landbankagencyshallnotacquirepropertylocatedpartiallyorwhollyoutsidetheboundaries
7474 16ofthecountyormunicipalitythatestablishedsuchlandbankagency.[Forpurchasesofreal
7575 17propertynotmadethroughforeclosureorpursuanttosections141.560to141.580,aland
7676 18bankagencymayonlypurchaserealpropertyifsuchpropertyisadjacenttorealproperty
7777 19alreadyownedbythelandbankagency.]
7878 20 3.Alandbankagencymayacquirepropertybypurchasecontracts,leasepurchase
7979 21agreements,installmentsalescontracts,andlandcontractsandmayaccepttransfersfrom
8080 22politicalsubdivisionsuponsuchtermsandconditionsasagreedtobythelandbankagency
8181 23andthepoliticalsubdivision.Alandbankagencymay[, forthepurposeofaddingtoaparcel
8282 24alreadyownedbythelandbankagency,]bidonanyparcelofrealestateofferedforsale,
8383 25offeredataforeclosuresaleundersections140.220to140.250,offeredatasaleconducted
8484 26undersection140.190,140.240,or140.250,orofferedataforeclosuresaleundersection
8585 27141.550.Notwithstandinganyotherlawtothecontrary,anypoliticalsubdivisionmay
8686 28transfertothelandbankagencyrealpropertyandinterestsinrealpropertyofthepolitical
8787 29subdivisiononsuchtermsandconditionsandaccordingtosuchproceduresasdeterminedby
8888 30thepoliticalsubdivision.
8989 31 4.Alandbankagencyshallmaintainallofitsrealpropertyinaccordancewiththe
9090 32lawsandordinancesofthejurisdictionsinwhichtherealpropertyislocated.
9191 33 5.Uponissuanceofadeedtoaparcelofrealestatetoalandbankagencyunder
9292 34subsection4ofsection140.250,subsection5ofsection140.405,othersaleconductedunder
9393 35section140.190,140.240,or140.250,orsection141.550,thelandbankagencyshallpayonly
9494 36theamountofthelandbankagency'sbidthatexceedstheamountofalltaxbillsincludedin
9595 37thejudgment,interest,penalties,attorney'sfees,taxes,andcoststhenduethereon.Ifthereal
9696 38estateisacquiredinadelinquentlandtaxauctionundersubsection4ofsection140.250,
9797 39subsection5ofsection140.405,orothersaleconductedundersection140.190,140.240,or
9898 40140.250,suchexcessshallbeappliedanddistributedinaccordancewithsection140.230.If
9999 41therealestateisacquiredinadelinquentlandtaxauctionundersection141.550,suchexcess
100100 42shallbeappliedanddistributedinaccordancewithsubsections3and4ofsection141.580,
101101 43exclusiveofsubdivision(3)ofsubsection3ofsection141.580.Uponissuanceofadeed,the
102102 44countycollectorshallmarkthetaxbillsincludedinthejudgmentas"cancelledbysaletothe
103103 HB717 3 45landbank"andshalltakecreditforthefullamountofsuchtaxbills,includingprincipal
104104 46amount,interest,penalties,attorney'sfees,andcosts,onthecountycollector'sbooksandin
105105 47thecountycollector'sstatementswithanyothertaxingauthorities.
106106 48 6.Alandbankshallnotownrealpropertyunlessthepropertyiswhollylocated
107107 49withintheboundariesofthecountyormunicipalitythatestablishedthelandbankagency.
108108 50 7.Withinoneyearoftheeffectivedateoftheordinance,resolution,orrulepassed
109109 51establishingamunicipallandbankagencyundersubsection2ofsection140.981,thetitleto
110110 52anyrealpropertythatislocatedwhollywithinthemunicipalitythatcreatedthelandbank
111111 53agencyandthatisheldbyalandtrustcreatedundersubsection1ofsection141.821shallbe
112112 54transferredbydeedfromthelandtrusttosuchlandbankagency,atthelandbankagency's
113113 55request.
114114 140.985.1.Alandbankagencyshallholdinitsownnameallrealpropertyacquired
115115 2bysuchlandbankagencyirrespectiveoftheidentityofthetransferorofsuchproperty.
116116 3 2.Alandbankagencyshallmaintainandmakeavailableforpublicreviewand
117117 4inspectionaninventoryandhistoryofallrealpropertythelandbankagencyholdsor
118118 5formerlyheld.Thisinventoryandhistoryshallbeavailableonthelandbankagency's
119119 6websiteandincludeataminimum:
120120 7 (1)Whetheraparcelisavailableforsale;
121121 8 (2)Theaddressoftheparcelifanaddresshasbeenassigned;
122122 9 (3)Theparcelnumberifnoaddresshasbeenassigned;
123123 10 (4)Themonthandyearthataparcelenteredthelandbankagency'sinventory;
124124 11 (5)Whetheraparcelhassold;
125125 12 (6)Ifaparcelhassold,thenameofthepersonorentitytowhichitwassold;and
126126 13 (7)Whethertheparcelwasacquiredbythelandbankagencythroughjudicial
127127 14foreclosure,nonjudicialforeclosure,donation,orsomeothermanner.
128128 15 3.Thelandbankagencyshalldetermineandsetforthinpoliciesandproceduresthe
129129 16generaltermsandconditionsforconsiderationtobereceivedbythelandbankagencyforthe
130130 17transferofrealpropertyandinterestsinrealproperty.Considerationmaytaketheformof
131131 18monetarypaymentsandsecuredfinancialobligations,covenants,andconditionsrelatedtothe
132132 19presentandfutureuseoftheproperty;contractualcommitmentsofthetransferee;andsuch
133133 20otherformsofconsiderationasthelandbankagencydeterminestobeinthebestinterestof
134134 21thelandbankagency.
135135 22 4.Alandbankagencymayconvey,exchange,sell,transfer,grant,releaseand
136136 23demise,pledge,andhypothecateanyandallinterestsin,upon,ortopropertyofthelandbank
137137 24agency.Alandbankagencymaygiftanyinterestin,upon,ortopropertytothecountyor
138138 25municipalitythatestablishedthelandbankagency.
139139 HB717 4 26 5.Acountyormunicipalitymay,initsresolution,ordinance,orrulecreatingaland
140140 27bankagency,establishahierarchicalrankingofprioritiesfortheuseofrealproperty
141141 28conveyedbysuchlandbankagency,including,butnotlimitedto:
142142 29 (1)Useforpurelypublicspacesandplaces;
143143 30 (2)Useaswildlifeconservationareas;
144144 31 (3)Useasagreenfieldarea;and
145145 32 (4)Toreturntoprivateuse.
146146 33
147147 34Ifacountyormunicipality,initsresolution,ordinance,orrulecreatingalandbankagency,
148148 35establishesprioritiesfortheuseofrealpropertyconveyedbythelandbankagency,such
149149 36prioritiesshallbeconsistentwithandnomorerestrictivethanmunicipalplanningandzoning
150150 37ordinances.
151151 38 6.Thelandbankagencymaydelegatetoofficersandemployeestheauthorityto
152152 39enterintoandexecuteagreements,instrumentsofconveyance,andallotherrelated
153153 40documentspertainingtotheconveyanceofpropertybythelandbankagency.
154154 41 7.[Anypropertysoldbyalandbankagencythatwasacquiredthroughpurchase,
155155 42transfer,exchange,orgiftshallbesold.
156156 43 8.]Whenanyparcelofrealestateacquiredbyalandbankagencyissoldorotherwise
157157 44disposedofbysuchlandbankagency,theproceedstherefromshallbeappliedanddistributed
158158 45inthefollowingorder:
159159 46 (1)Tothepaymentoftheexpensesofthesale;
160160 47 (2)Tofulfilltherequirementsoftheresolution,indenture,orotherfinancing
161161 48documentsadoptedorenteredintoinconnectionwithbonds,notes,orotherobligationsofthe
162162 49landbankagency,totheextentthatsuchrequirementsmayapplywithrespecttosuchparcel
163163 50ofrealestate;
164164 51 (3)Tothelandbankagencytopaythesalariesandotherexpensesofsuchlandbank
165165 52agencyandofitsemployeesasprovidedforinitsannualbudget;and
166166 53 (4)Anyfundsinexcessofthosenecessarytomeettheexpensesoftheannualbudget
167167 54ofthelandbankagencyinanyfiscalyearandareasonablesumtocarryoverintothenext
168168 55fiscalyeartoassurethatsufficientfundswillbeavailabletomeetinitialexpensesforthat
169169 56nextfiscalyearshallbepaidtotherespectivetaxingauthoritiesthat,atthetimeofthe
170170 57distribution,aretaxingtherealpropertyfromwhichtheproceedsarebeingdistributed.The
171171 58distributionsshallbeinproportiontotheamountsofthetaxesleviedonthepropertiesbythe
172172 59taxingauthorities.DistributionshallbemadeonJanuaryfirstandJulyfirstofeachyear,and
173173 60atsuchothertimesasthelandbankagencymaydetermine.
174174 HB717 5 140.988.1.(1)Alandbankagencymayreceivefundingthroughgrantsandgifts
175175 2frompoliticalsubdivisions,thestate,thefederalgovernment,andotherpublicandprivate
176176 3sources.
177177 4 (2)Alandbankagencymayreceivefundingthroughgiftsfromanysource,provided
178178 5thatthelandbankagencyshallnotsellorotherwisetransferbyanymeansanyrealproperty
179179 6heldbythelandbankagencytotheentityfromwhichthelandbankagencyreceivedagift
180180 7pursuanttothissubdivision.
181181 8 2.[Exceptasotherwiseprovidedinsubsection7ofsection140.985,] Alandbank
182182 9agencymayreceiveandretainpaymentsforservicesrendered,forconsiderationfor
183183 10dispositionofrealandpersonalproperty,forproceedsofinsurancecoverageforlosses
184184 11incurred,forincomefrominvestments,andforanyotherassetandactivitylawfullypermitted
185185 12toalandbankagencyunderthechapter140landbankact.
186186 13 3.Ifalandbankagencysellsorotherwisedisposesofaparcelofrealestateheldby
187187 14it,anylandtaxesassessedagainstsuchparcelforthethreetaxyearsfollowingsuchsaleor
188188 15dispositionbysuchlandbankagencythatarecollectedbythecountycollectorinacalendar
189189 16yearandnotrefunded,lessthefeesprovidedundersection52.260andsubsection4ofthis
190190 17sectionandlesstheamountstobedeductedundersection137.720,shallbedistributedbythe
191191 18countycollectortosuchlandbankagencynolaterthanMarchfirstofthefollowingcalendar
192192 19year,providedthatlandtaxesimpoundedundersection139.031orotherwisepaidunder
193193 20protestshallnotbesubjecttodistributionunderthissubsection.Anyamountrequiredtobe
194194 21distributedtoalandbankagencyunderthissubsectionshallbesubjecttooffsetforamounts
195195 22previouslydistributedtosuchlandbankagencythatwereassessed,collected,ordistributedin
196196 23error.
197197 24 4.Inadditiontoanyotherprovisionsoflawrelatedtocollectionfees,thecounty
198198 25collectorshallcollectonbehalfofthecountyafeeoffourpercentofreserveperiodtaxes
199199 26collectedandsuchfeescollectedshallbedepositedinthecountygeneralfund.
200200 27 5.Ifacountyhasestablishedalandbankagencyundersubsection1ofsection
201201 28140.981,thecollectormaycollectonbehalfofthecountyafeeforthecollectionof
202202 29delinquentandbacktaxesofuptofivepercentonallsumscollectedtobeaddedtothefaceof
203203 30thetaxbillandcollectedfromthepartypayingthetax.Allfeescollectedunderthe
204204 31provisionsofthissubsectionshallbepaidtothelandbankagencyestablishedunder
205205 32subsection1ofsection140.981.
206206 âś”
207207 HB717 6