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 proposal would allow housing corporations and neighborhood associations to petition and apply for the appointment of a receiver to perform abatements of buildings that were a threat to public health, safety, or welfare.
Current law allows counties or municipalities in which the buildings are located to do so.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. This proposal would not affect Total State Revenue.