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AR HB1499

AR HB1499
To Amend The Sale And Purchase Procedure For Public Property.


summary

Introduced
02/17/2025
In Committee
03/04/2025
Crossed Over
02/27/2025
Passed
03/06/2025
Dead
Signed/Enacted/Adopted
03/12/2025

Introduced Session

95th General Assembly (2025 Regular)

Bill Summary

AN ACT TO AMEND THE SALE AND PURCHASE PROCEDURE FOR PUBLIC PROPERTY; AND FOR OTHER PURPOSES.

AI Summary

This bill amends Arkansas' procedures for selling and purchasing public property by modifying existing state law. The bill expands the list of state agencies exempt from standard land sale and purchase regulations, now explicitly excluding the State Highway Commission, Arkansas State Game and Fish Commission, Arkansas Natural Heritage Commission, State Parks, Recreation, and Travel Commission, Division of Higher Education, and institutions of higher education. The legislation introduces a more structured process for land transactions, requiring state agencies to submit proposals for land sales or purchases to the Building Authority Division for initial approval before obtaining an appraisal. Additionally, agencies must now submit their appraisals to the Building Authority Division for assessment and recommendation to the Secretary of the Department of Transformation and Shared Services. The bill also mandates that before purchasing real property, state agencies must consult the Building Authority Division to determine if a suitable property is already available. For land donations, agencies must now certify donation requests to the Building Authority Division, and no donation can be accepted without the Governor's approval. These changes aim to create a more centralized and transparent process for managing state-owned property transactions.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Notification that HB1499 is now Act 288 (on 03/12/2025)

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