Modifies provisions relating to boards of directors of newly established land bank agencies

HB 2898 modifies Missouri law governing how counties with land bank agencies handle tax-delinquent properties. It establishes new procedures for land bank agencies to acquire properties through tax sales after two years of unpaid taxes, replacing older rules. Key changes include restricting who can bid (barring current tax delinquents, land bank employees, and certain officials), requiring non-resident bidders to appoint a Missouri agent, and allowing counties to opt into this process. The bill directly affects counties operating land banks, potential property buyers, and tax collectors managing these sales. It focuses on streamlining land bank acquisitions while adding safeguards to prevent conflicts of interest in the bidding process.