Introduced
by
To codify in statute the procedures, restrictions and requirements for state agencies selling or transferring “surplus” property, including land, buildings and equipment. Among other things, if the transferred property is not used for public purposes then it would have to be sold at fair market value. Also, land transfers would include subsurface mineral rights, but the state would be entitled to half the revenue should these resources be extracted in the future. Most of this reflects current practice.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
by
The substitute passed by voice vote
