SB510 HFA Porterfield 3-4 #3

Casto 3264

Delegate Porterfield moves to amend the bill on page 4, line 80, immediately following subsection 3, by inserting the following new subsections:

“(4) Effective July 1, 2025, the provisions of subdivisions (2) and (3) of this subsection shall sunset and have no further force and effect.

 (5) Prior to January 1, 2025, any land reuse agency or municipal land bank which exercises the authority granted by this subsection shall submit to the Joint Committee on Government and Finance a report on the entity’s activities related to the purchase of tax-delinquent properties and any benefits realized from the authority granted by this subsection.”

Adopted

Rejected