The bill amends Chapter 34-44 of the General Laws, titled "Abandoned Property," to enhance the management and identification of abandoned properties in municipalities. It introduces a new section requiring municipalities to establish an inventory of abandoned properties, which must be updated annually. The bill revises the definitions of "abandon" and "public nuisance," specifying that a property can be classified as abandoned if the building owner has been notified of violations and has failed to address them within the specified timeframes.

The bill outlines the documentation required to establish a public nuisance, including violations of local or state building codes, condemnation of the property, or written notices from public health and safety personnel. It also details the procedures for seeking injunctive relief, stating that applications for injunctions must include proof that the property is listed as abandoned and that violations have occurred.

Furthermore, the bill provides for the appointment of receivers to manage properties deemed public nuisances, ensuring that owners are notified and given the opportunity for a hearing before such appointments. It specifies the process for selling properties classified as public nuisances, prioritizing the payment of delinquent taxes and assessments, followed by mortgage liabilities and other expenses. If a public nuisance is abated but costs remain unpaid, the court may order the property's sale.

Overall, the bill aims to address public health and safety risks associated with abandoned properties while facilitating their rehabilitation or sale, particularly for low- and moderate-income housing initiatives.