An Act To Amend The Laws Governing The Powers And Responsibilities Of The Maine Redevelopment Land Bank Authority

This bill amends Maine's laws governing the Maine Redevelopment Land Bank Authority, expanding its ability to acquire properties and form partnerships. It revises the definition of eligible properties to include abandoned, blighted, functionally obsolete, environmentally hazardous, and municipality-requested properties. The bill removes the requirement for the Authority to secure agreements with public entities before acquiring property, adds authority to partner with federal agencies for funding, and allows agreements with private parties (requiring municipal or Maine Land Use Planning Commission consent for property acquisition). These changes streamline the Authority's operations and broaden its partnership options for redevelopment efforts.