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National Land Bank Network Act of 2020

2/8/2022, 11:15 PM

Congressional Summary of HR 7103

National Land Bank Network Act of 2020

This bill requires the Neighborhood Reinvestment Corporation to establish and operate a national land bank network. Land banks are entities designated by local governments to acquire and dispose of vacant and abandoned properties.

The network must provide technical assistance to land banks and otherwise support land banks and communities.

Current Status of Bill HR 7103

Bill HR 7103 is currently in the status of Bill Introduced since June 4, 2020. Bill HR 7103 was introduced during Congress 116 and was introduced to the House on June 4, 2020.  Bill HR 7103's most recent activity was Referred to the House Committee on Financial Services. as of June 4, 2020

Bipartisan Support of Bill HR 7103

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
3
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7103

Primary Policy Focus

Housing and Community Development

Potential Impact Areas

- Congressional oversight
- Federally chartered organizations
- Government information and archives
- Government studies and investigations
- Land use and conservation
- Public contracts and procurement
- Rural conditions and development
- Urban and suburban affairs and development

Alternate Title(s) of Bill HR 7103

National Land Bank Network Act of 2020
To direct the Neighborhood Reinvestment Corporation with respect to the establishment of a national land bank network, and for other purposes.
National Land Bank Network Act of 2020

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