S0667B0888A07189 DMS:EJH 05/22/18 #90 A07189
AMENDMENTS TO SENATE BILL NO. 667
Sponsor: REPRESENTATIVE DOWLING
Printer's No. 888
Amend Bill, page 1, lines 1 through 24, by striking out all
of said lines and inserting
Amending Title 68 (Real and Personal Property) of the
Pennsylvania Consolidated Statutes, in land banks, further
providing for creation and existence.
Amend Bill, page 1, lines 27 and 28; page 2, lines 1 through
30; page 3, lines 1 through 19; by striking out all of said
lines on said pages and inserting
Section 1. Section 2104 of Title 68 of the Pennsylvania
Consolidated Statutes is amended by adding a subsection to read:
ยง 2104. Creation and existence.
* * *
(h) Redevelopment authority.--
(1) A land bank jurisdiction located in a county of the
second A, third, fourth, fifth, sixth, seventh or eighth
class may, by ordinance, designate a redevelopment authority
created for the jurisdiction and operating under the act of
May 24, 1945 (P.L.991, No.385), known as the Urban
Redevelopment Law, as land bank for the jurisdiction. The
ordinance shall designate the authority as the land bank and
contain the specifications of subsection (a)(5), (6) and (7).
The ordinance may contain voting or approval requirements as
authorized by section 2110(g) (relating to disposition of
property). The ordinance shall be filed with the Department
of State, which shall note it on the record of incorporation
for the authority. The department shall create a model
ordinance for the designation.
(2) A redevelopment authority designated under this
subsection shall exercise the powers of a land bank under
this chapter subject to the following:
(i) The designation shall not affect the
organization, membership, eligibility, tenure and
compensation of the authority board, except that voting
requirements specified in section 2105(h) (relating to
board) and section 2115 (relating to conflicts of
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interest) shall apply to proceedings under this chapter.
Upon a vacancy or expiration of the term of a board
member occurring after the designation, the land bank
jurisdiction shall appoint a replacement to ensure
compliance with the requirements of section 2105(b)(3).
(ii) Subject to subparagraph (i), the authority
shall establish rules, policies and procedures consistent
with this chapter for land bank activities.
(iii) The authority as land bank shall only acquire,
hold and dispose of property in accordance with this
chapter. Finances of the authority as land bank shall be
retained and accounted for separately from finances held
for other authority purposes, and shall be subject to
section 2119 (relating to annual audit and report).
(3) The designation of the authority as land bank may be
revoked in the same manner as the dissolution of a land bank
under section 2114 (relating to dissolution of land bank).
Amend Bill, page 3, line 20, by striking out "3" and
inserting
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