Bill to redevelop tax-delinquent land advances

2013-04-10T15:00:00Z 2013-04-10T21:34:03Z Bill to redevelop tax-delinquent land advancesThe Associated Press The Associated Press
April 10, 2013 3:00 pm  • 

Lawmakers voted to advance a measure that would let cities in Nebraska's largest metro area create a public authority or land bank to bid on tax-delinquent properties.

Lawmakers voted 32-0 on Wednesday to move the bill to the next round of debate.

The bill (LB97) is intended to help Omaha and Sarpy County acquire tax-delinquent properties, so they can be redeveloped.

Four other states allow land banking to redevelop properties so they're no longer tax-delinquent.

A Nebraska legislative study conducted last year found that Omaha has more than 15,000 vacant or abandoned properties. Most of those lots are located east of Interstate 680.

A public authority would be required to have a seven-member board, with a representative from each city council district.

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