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A03210 Summary:

BILL NO    A03210 

SAME AS    No same as 

SPONSOR    Fitzpatrick (MS)

COSPNSR    Tedisco, McKevitt, Montesano

MLTSPNSR   Barclay, Crouch, Giglio, Kolb, McDonough, Raia, Tenney, Thiele

Add Art 11 Title 3-A SS1141 & 1142, 1136-a & 1136-b, RPT L

Authorizes localities to convey distressed residential real property that has
been foreclosed upon for non-payment of real estate taxes to a third party;
establishes that third party may be an individual or for-profit or
not-for-profit entity which would rehabilitate and manage such property,
providing needed housing while restoring the property to the non-delinquent tax
rolls; called "third party transfer program".
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