Planning, Public

Plain English Breakdown

The bill summary does not provide details on how Clarksville and Montgomery County must start their land bank programs.

Expanding Land Bank Program in Tennessee

This bill allows Clarksville and Montgomery County to join other cities and counties that can create land banks.

What This Bill Does

• Adds Clarksville and Montgomery County to the list of local governments allowed to start a land bank program.

Who It Names or Affects

• Clarksville
• Montgomery County

Terms To Know

Land Bank

A special type of corporation that helps local governments manage and develop abandoned or neglected properties.

Limits and Unknowns

• The bill does not specify how the land bank program will be funded.
• It is unclear what specific actions Clarksville and Montgomery County must take to start a land bank.

Official Summary Text

T
he Tennessee
l
ocal
l
and
b
ank
p
rogram
authorizes

a
ny local government to create a corporation
that
is authorized to operate a land bank within the jurisdictional boundaries of the local government establishing the corporation.
As used in such law, a "local government" means any of the following:



The municipalities of
Chattanooga, Knoxville, Memphis, Johnson City, Oak Ridge, Mt. Juliet, East Ridge, Clinton, Red Bank, Sevierville, Sweetwater, Lenoir City, Etowah, Whitwell
, Kingsport, and Cleveland.



The counties of Blount, Sevier, Davidson, Moore, Trousdale, Hardeman.

This bill adds Clarksville and Montgomery County to the local governments that can operate a land bank.

Current Bill Text

HOUSE BILL 1988
By Lankford

SENATE BILL 2052
By Powers
SB2052
010370
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 13,
Chapter 30, relative to land banks.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 13-30-103(4), is amended by adding
the following new subdivisions:
(H) A municipality having a population of not less than one hundred sixty-six
thousand seven hundred (166,700) nor more than one hundred sixty-six thousand eight
hundred (166,800), according to the 2020 or a subsequent federal census; and
(I) A county having a population of not less than two hundred twenty thousand
(220,000) nor more than two hundred twenty thousand one hundred (220,100),
according to the 2020 or a subsequent federal census;
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.