Land banks; authorize counties and municipalities to create to convert certain property to productive use.

HB 1019, the "Land Bank Act," allows Mississippi counties and municipalities to create land bank authorities to acquire, clear ownership of, and convert vacant or abandoned properties into productive uses like housing or business sites. These authorities can buy property, issue bonds for financing, and use streamlined processes to resolve title issues, while being prohibited from developing casinos, using eminent domain, or levying taxes. The bill directly affects local governments seeking to revitalize blighted areas through coordinated property management. However, the bill died in committee on February 4, 2025, and did not advance to the full legislature.