West Virginia 2022 Regular Session

West Virginia Senate Bill SB135

Introduced
1/12/22  
Engrossed
1/12/22  
Refer
1/17/22  
Refer
1/17/22  
Enrolled
3/9/22  
Passed
3/23/22  

Caption

Relating to acquisition and disposition of property by urban development authority

Impact

If enacted, SB135 will impact state laws related to urban renewal and property acquisition strategies. It empowers urban renewal authorities within the state to play a more active role in managing urban spaces by enabling them to effectively acquire properties that are otherwise neglected or in disarray. The ability to purchase tax-delinquent properties could lead to revitalization efforts in declining areas, potentially transforming them and increasing local revenue. However, the sunset provision, which operates until July 1, 2026, could limit the long-term implications of this measure, as it may need re-evaluation for continuation beyond this date.

Summary

Senate Bill 135 amends the Code of West Virginia by introducing a new section concerning the acquisition and disposition of real property by urban development authorities. This legislation allows these authorities to acquire properties using various methods and establishes guidelines on how to manage and maintain the properties they acquire. A significant feature of the bill is the provision that grants urban renewal authorities the right of first refusal to purchase tax-delinquent properties, which may include properties that have been vacant for extended periods or have incurred municipal liens exceeding their back taxes. The bill stipulates that the urban renewal authorities will maintain the acquired properties following local statutes and ordinances.

Sentiment

The sentiment around SB135 appears to be cautiously optimistic among proponents who see it as an essential tool for enhancing urban development and property management. Supporters argue that it will aid in cleaning up neighborhoods and utilizing undervalued real estate for community improvement. Conversely, there are concerns among critics regarding the potential for overreach and inadequate local input into the processes of acquisition and management, which may threaten community engagement and local governance. Discussions indicate a need for balanced oversight to ensure that the urban renewal efforts are directed toward community benefit rather than merely property acquisition.

Contention

Notably, one of the contentious issues surrounding SB135 is whether it compromises local authority by centralizing property management decisions with urban renewal authorities. This centralization raises queries about potential conflicts between state-managed initiatives and local priorities, especially in communities that may have different plans or needs regarding urban development. Furthermore, the implications of firms potentially holding tax-delinquent properties without local governments' oversight could lead to disputes over property use and maintenance responsibilities, fostering tensions between local governments and state authorities initiated through this bill.

Companion Bills

No companion bills found.

Previously Filed As

WV SB18

Relating to the acquisition of property by entities with eminent domain authority.

WV SB3

Local land bank authorities, tax sale property acquisitions, tax exemption for acquired properties, tax revenue allocation, conveyance to state and local governments, multijurisdictional land bank authorities, Governor authorized to create upon state of emergency.

WV SB342

Local land bank authorities; tax sale properties acquisitions; tax exemption for acquired properties; tax revenue allocation; conveyance to state and local governments under certain circumstances; creation of local land bank authorities authorized under certain conditions

WV SB538

Allowing certain entities to purchase qualifying tax-delinquent properties before they are offered at public auction

WV HB4524

Reducing the rate of interest on delinquent property taxes

WV SB6

Relating to land bank authorities; to amend Sections 24-9-4, 24-9-6, 24-9-10, 40-1-3, 40-10-1, 40-10-18, 40-10-29, 40-10-120, 40-10-184, and to add Sections 29-4-11 and 29-4-12 to the Code of Alabama 1975; to provide for the creation of multijurisdictional local land bank authorities; further authorize the acquisition of tax delinquent property and tax liens by local land bank authorities; further provide for the exemption of land bank authority property from taxes and fees; provide for the allocation of a portion of the ad valorem taxes on property conveyed by a land bank authority to the authority; further provide for the conveyance of land bank authority property; and authorize the Governor to create a local land bank authority in the event of a state of emergency.

WV HB3332

To allow certain entities to purchase qualifying tax-delinquent properties before they are offered at public auction

WV SB552

Relating to tax sale process

WV SB339

Land bank authorities, creation of local land bank authorities, acquisition of property, taxes and fees, coneyance, Secs. 29-4-11, 29-4-12 added; Secs. 24-9-4, 24-9-6, 24-9-10, 40-1-3, 40-10-1, 40-10-18, 40-10-29, 40-10-120, 40-10-184 am'd.

WV HB1289

Relating to the acquisition and sale of unimproved real property by an urban land bank.

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