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Ohio bill would expand local powers, funding for county land banks
Summary
Representative Demetrio said House Bill 86 would streamline land bank procedures, permit townships to enter agency agreements with county land banks, and allow county commissioners to divert up to 50% of future real-estate taxes for up to five years to land bank funds; the measure was given a first hearing in the Senate Judiciary Committee.
Representative John Demetrio told the Ohio Senate Judiciary Committee on the bill's first hearing that House Bill 86 would “streamline the land bank process, making it more efficient in reclaiming blighted and underutilized properties across Ohio.”
The bill, a reintroduction of prior legislation, would extend authorization for safety and environmental inspections on delinquent or abandoned property during tax foreclosure under court supervision, allow townships to…
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