The resolution proposes an interim study to evaluate the Nebraska Municipal Land Bank Act, focusing on potential amendments to its provisions. Specifically, the study aims to assess board representation, the resources available to land banks for managing tax-delinquent properties, and the overall capacity of land banks to facilitate the return of properties to productive use.

The Urban Affairs Committee of the Nebraska Legislature is tasked with conducting this study. Upon completion, the committee is required to report its findings and recommendations to the Legislative Council or the Legislature, ensuring that any proposed changes are informed by thorough analysis and discussion.