Bill Title: Amends the State Property Control Act. Requires the Director of Central Management Services, as Administrator, to assess surplus real property held by the State and determine whether such property is unsellable in its current assessed condition. Provides assessment factors. Requires the Administrator to prepare a report based upon the assessment that includes all surplus real properties that he or she assessed as unsellable. Provides further contents of the report. Requires the Administrator to submit the report to the Governor and the General Assembly by February 1, 2024, and by February 1 of every even-numbered year thereafter. Provides that the Administrator is authorized, subject to approval by a joint resolution of the Senate and the House of Representatives, to pursue the recommended course of action for each property specified in the report. Allows the Administrator to use funds held in the Sustainable Ownership and Surplus Property Environmental Cleanup Fund for specified purposes. Creates the Sustainable Ownership and Surplus Property Environmental Cleanup Fund as a special fund in the State treasury. Specifies the use of the Fund. Provides for the adoption of rules. Amends the State Finance Act to provide for the Sustainable Ownership and Surplus Property Environmental Cleanup Fund. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Passed) 2024-08-09 - Public Act . . . . . . . . . 103-0874 [SB0381 Detail]

Text: Latest bill text (Chaptered) [HTML]

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