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IA SF295

IA SF295
A bill for an act relating to the disposition of real property on the capitol complex, and including effective date provisions.(Formerly SSB 1084.)


summary

Introduced
02/12/2025
In Committee
03/14/2025
Crossed Over
03/10/2025
Passed
Dead

Introduced Session

91st General Assembly

Bill Summary

This bill authorizes the director of the department of administrative services to dispose of the Henry A. Wallace state office building and adjacent capitol complex parking structure. By law, the proceeds from the sale of the real property must be deposited with the treasurer of state and credited to the general fund. The bill takes effect upon enactment.

AI Summary

This bill authorizes the director of the Department of Administrative Services (DAS) to sell the Henry A. Wallace state office building and its adjacent capitol complex parking structure, both located in Des Moines, Iowa. Specifically, the bill grants the DAS director the power to dispose of the building at 502 East Ninth Street and the parking structure at 628 East Grand Avenue, along with any associated real property. The sale can be conducted under terms, conditions, and for a price determined by the director. By law, the proceeds from this sale will be deposited with the state treasurer and credited to the general fund. The bill is considered urgent and will take effect immediately upon enactment, which means it will become law as soon as it is signed by the appropriate government official. This legislation appears to be part of a broader effort to manage state-owned real estate and potentially generate revenue for the state's general fund.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

State Government (Senate)

Last Action

House Appropriations Subcommittee (12:00:00 4/1/2025 RM 19) (on 04/01/2025)

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