Bill > S231

This bill expands the methods by which North Carolina state agencies can sell surplus property by allowing them to use third-party auction services, with specific guidelines and oversight. The legislation modifies existing law to create a structured process for agencies to sell obsolete, unused, or unnecessary state-owned property through online auction platforms. Agencies must first submit a petition to the State Surplus Property Agency for approval, which will be granted unless specific disqualifying circumstances exist, such as the auction service having a revoked license or charging fees exceeding 8% of the sale price. The bill requires that items valued at $100 or more must be listed at least three times and have a minimum bid of 25% of their fair market value. Additionally, agencies must maintain detailed records of sales and submit annual reports to the Joint Legislative Oversight Committee on General Government, including information about auction services used, total funds received, and disposition of items. The legislation also provides an appeals process for agencies if their petition to use a third-party auction service is denied, and it explicitly allows the General Assembly and Judicial Department to sell their own surplus property. By creating this comprehensive framework, the bill aims to provide state agencies with more flexible and potentially more efficient methods of disposing of surplus property while maintaining transparency and accountability.

https://www.ncleg.gov/BillLookUp/2025/S231