The purposes of this chapter are to promote the health, safety, and welfare of residents in a Class l municipality by providing authority for a Class 1 municipality to enact a vacant property registration ordinance. The ordinance will allow a Class 1 municipality to identify and register vacant properties, collect fees to compensate for the public costs of vacant properties, plan for the rehabilitation of vacant properties, and encourage the occupancy of vacant properties.

(Act 2026-511, §4.)