SB 1195 – Modifies provisions relating to land trust conveyances

• Sponsor: Wheeler
• LR Number: 4838S.01I
• Committee: Economic Development, Tourism & Local Government
• Last Action: 3/7/2006 - Second Read and Referred S Economic Development, Tourism & Local Government Committee
• Journal Page: S403
• Effective Date: August 28, 2006

Current Bill Summary

SB 1195 - This act allows land trusts to convey real estate to a nonprofit organization, urban homestead agency, or government agency for housing purposes at less than two thirds of the appraised value without the consent of the appointing authorities.

JASON ZAMKUS

Amendments

No Amendments Found.