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

HB 727, the "Land Bank Act," allows Mississippi counties and municipalities to create land banks to acquire and convert vacant, abandoned, or state-struck property into productive use (like housing or businesses). The bill authorizes these land banks to purchase, assemble, and sell properties through streamlined title processes, while prohibiting casino development and eminent domain. It also grants land banks tax exemptions, requires ethical safeguards, and permits borrowing via bonds. The bill died in committee in February 2026 and was never enacted.