To require the Neighborhood Reinvestment Corporation to establish a national land bank network, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill creates findings Congress finds the following: Vacant and abandoned properties destabilize rural, suburban, and urban neighborhoods across the United States by creating fire and other public safety hazards, driving down, creates sense of Congress It is the sense of Congress that a national land bank network would provide the tools necessary to ensure that land banks— use best practices, and creates national land bank network. It relies on tax rate changes, product standards, procurement rules, and definition changes. The main policy areas are Agriculture, Finance, Education, and Environment.
Who Benefits and How
The main beneficiaries are the people, organizations, or agencies identified in the bill's substantive provisions.
Who Bears the Burden and How
Financial services firms and customers affected by the bill would take on compliance duties, Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, and Homeowners, tenants, or housing market participants affected by the bill would take on compliance duties.
Key Provisions
- Creates findings Congress finds the following: Vacant and abandoned properties destabilize rural, suburban, and urban neighborhoods across the United States by creating fire and other public safety hazards, driving down...
- Creates sense of Congress It is the sense of Congress that a national land bank network would provide the tools necessary to ensure that land banks— use best practices.
- Creates national land bank network.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates findings Congress finds the following: Vacant and abandoned properties destabilize rural, suburban, and urban neighborhoods across the United States by creating fire and other public safety hazards, driving down, creates sense of Congress It is the sense of Congress that a national land bank network would provide the tools necessary to ensure that land banks— use best practices, and creates national land bank network.
Key Policy Areas
Agriculture, Finance, Education, Environment
Primary Purpose
The bill creates findings Congress finds the following: Vacant and abandoned properties destabilize rural, suburban, and urban neighborhoods across the United States by creating fire and other public safety hazards, driving down, creates sense of Congress It is the sense of Congress that a national land bank network would provide the tools necessary to ensure that land banks— use best practices, and creates national land bank network.
Policy Domains
Whole bill
Identified Costs
- Financial services firms and customers affected by the bill
- Federal, state, or local agencies responsible for implementing the clause
- Homeowners, tenants, or housing market participants affected by the bill
- Environmental and public health interests affected by the bill
- Educational institutions and students affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Ferguson (for himself and Mr. Kildee) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology