HB54 Alabama 2018 Session

Updated Feb 26, 2026

Notable

Summary

Primary Sponsor: Ron Johnson
Republican
Session: Regular Session 2018
Title: Land Bank Authority, Revenue Commissioner required to convene board, transfer of state's interest in delinquent property, notice requirements, distribution of proceeds, Secs. 24-9-5 to 24-9-8, inclusive, am'd.
Summary: This bill activates and expands the Alabama Land Bank Authority by requiring a first board meeting, letting it take the state's interest in certain delinquent properties, and outlining notice rules and how sale proceeds are shared.
What This Bill Does
It requires the State Revenue Commissioner to convene the first meeting of the Alabama Land Bank Authority Board. It allows the Authority to acquire the state's interest in tax-delinquent real property that has been in the state's inventory for five years or more. It requires the Authority to provide notice before disposing of property and gives it broad powers to manage, sell, lease, or otherwise dispose of such properties. When property is sold, the proceeds are split three ways: one-third for the Authority's operations, one-third to recover its expenses, and one-third to recipients of ad valorem taxes in the property's jurisdiction (or to the State Comptroller to distribute to designated recipients).

Who It Affects
State government (especially the State Revenue Commissioner and the Alabama Land Bank Authority): must convene the first board meeting and implement the transfer and disposal processes for tax-delinquent properties.
Local taxing jurisdictions and school districts (and other designated recipients of delinquent tax revenue): potential changes to future tax receipts due to the distribution of sale proceeds and the Authority's management of delinquent properties.

Key Provisions
Section 24-9-5: Creates the Land Bank Authority Board governance framework and requires the Revenue Commissioner to convene the first board meeting.
Section 24-9-6: Authorizes the Authority to acquire the state's interest in tax-delinquent properties that have been in inventory for at least five years; gives the Land Commissioner rules to transfer these properties.
Section 24-9-7: Requires the Authority to adopt rules for disposing of property and gives it authority to manage, sell, lease, or exchange property; sets conditions for disposition and prohibits certain speculative investments.
Section 24-9-7(g): Sets the distribution of sale proceeds: one-third to Authority operations, one-third to recover its expenses, and one-third to local ad valorem tax recipients or to the Comptroller for distribution to designated recipients.
Section 24-9-8: Allows the Authority to initiate quiet title actions to vest title in the Authority, with specific notice and hearing procedures.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Taxation