Changes provisions governing land banks in certain areas

HB 717 updates rules for Missouri land banks, which are local agencies that acquire and manage tax-delinquent properties. It restricts who can bid at land bank auctions (barring current tax delinquents, land bank staff, officials, and close relatives), requires non-residents to appoint a Missouri agent, and prohibits residents of certain cities from bidding if they own properties with building code violations. The bill also clarifies that land banks are exempt from property taxes while owning land and must notify county assessors when acquiring or selling property. Land banks must operate within their county or municipality boundaries and can only purchase adjacent property when buying directly.