On February 3rd HB 372 was introduced and referred to the Committee of Urban Affairs.

HB 372 is titled “An Act providing for foreclosed property maintenance; imposing powers and duties on the Department of Community and Economic Development and municipalities; and prescribing penalties.”

Currently worded the bill would create several new processes including

  • Foreclosed property registration along with inspection and maintenance requirements
  • An option for owners (as defined) to enter into a municipal maintenance agreement with the local government.
  • Submission of registration information to the Department of Community and Economic Development

To view the current status and draft language of the bill, please click here

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