This fiscal note contains 3 pages. Oversight notes that the proposal would give neighborhood associations and housing corporations a tool which only municipalities and counties have now. There would be no direct effect on local government revenues. This bill allows local housing corporations or neighborhood associations to petition and apply for the appointment of a receiver to perform an abatement of a dwelling or building that constitutes a threat to the public health, safety, or welfare.
Current law allows counties or municipalities in which the building or dwelling is located to do so.
A requirement for the party to allege the nature of the threat in the petition is added. The bill authorizes the court to appoint a local neighborhood association as a receiver, as long as no local housing corporation exists for that area. Current law permits a local housing corporation, a licensed attorney or real estate broker, or other qualified person to be appointed as a receiver. The bill gives the neighborhood association the right of first refusal to serve as receiver as long as no local housing corporation exists for that area and if all lienholders refuse to serve as receiver or there are no lienholders of record. This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.