To allow certain entities to purchase qualifying tax-delinquent properties before they are offered at public auction

HB 3332 permanently grants land reuse agencies and municipal land banks the right of first refusal to purchase certain tax-delinquent properties before public auction. It affects these specific local entities by allowing them to buy properties meeting one of three criteria: assessed value of $50,000 or less, municipal liens exceeding current back taxes, or being on a vacant property registry for 24+ consecutive months. The bill removes a sunset date on this provision, making the right permanent. This change enables these agencies to acquire qualifying properties directly, bypassing public auction, without altering the existing tax lien process.