Bill > S1719

This bill aims to reform how the state disposes of surplus real property, prioritizing "smart growth" land use policies, which encourage development that is environmentally friendly, economically viable, and socially equitable. Key provisions include establishing a "Surplus Land Coordination Committee" composed of representatives from various state agencies and municipal organizations to advise on the future use of surplus properties. Before declaring property surplus, state agencies will be consulted, and for larger or more valuable parcels, the legislature must approve the designation. The bill also grants host municipalities a "right of first refusal" to acquire surplus property for "direct public use" (meaning for the municipality's own operations or for specific non-profit purposes like affordable housing or community development) at 80% of its appraised value, with the option to assign this right to a non-profit organization. The bill details procedures for public notification, public hearings, and the consideration of smart growth principles, such as housing needs, economic development, and environmental impact, in the disposition process. Proceeds from sales will be distributed, with a portion going to the host municipality, and the remainder split between a "Smart Growth Housing Trust Fund" and a "Capital Projects Fund" for state improvements. The bill also clarifies definitions for terms like "affordable housing" and "net cash proceeds" (the money received from a sale after deducting expenses).