Bill
A 4150
Bill A 4150 establishes an inventory of excess SUNY buildings, promoting their repurposing to benefit local communities and generate state revenue through effective asset management.
Bill Number: A 4150
Title: Establishing the SUNY Excess Building Asset Inventory and Repurposing Act
Status: Referred to Higher Education
Introduced: January 31, 2025
Classification: Bill
The primary purpose of Bill A 4150 is to create a systematic approach for managing excess building assets within the State University of New York (SUNY) system. The bill aims to establish an inventory of these underutilized or surplus properties and to facilitate their repurposing for beneficial uses, thereby optimizing state resources and potentially generating revenue.
Inventory Creation: The bill mandates the development of a comprehensive inventory of all excess building assets owned by the SUNY system. This inventory will identify properties that are no longer needed for educational purposes.
Repurposing Guidelines: The legislation outlines procedures for evaluating and repurposing these excess properties. This may include options for leasing, selling, or converting the buildings for alternative uses that align with community needs or state priorities.
Stakeholder Involvement: The bill encourages collaboration with local governments, community organizations, and other stakeholders to identify potential uses for the repurposed assets, ensuring that the process is inclusive and considers local interests.
Reporting Requirements: SUNY will be required to submit periodic reports to the legislature detailing the status of the inventory, actions taken regarding excess properties, and the outcomes of repurposing efforts.
SUNY System: The bill directly impacts the State University of New York system by providing a framework for managing its physical assets more effectively.
Local Communities: Communities surrounding SUNY campuses may benefit from the repurposing of excess buildings, as these properties could be transformed into resources for local development, such as community centers, affordable housing, or commercial spaces.
State Government: The state may see financial benefits through the sale or lease of surplus properties, contributing to budgetary savings or revenue generation.
Legislative Process: As of January 31, 2025, the bill has been referred to the Higher Education Committee for further consideration. The timeline for subsequent actions, including hearings or votes, will depend on the committee's schedule and priorities.
Related Legislation: Bill A 4150 is related to prior-session Bill A 8251, which may provide context or background on the ongoing legislative efforts regarding SUNY asset management.
In summary, Bill A 4150 seeks to enhance the management of excess building assets within the SUNY system, promoting efficient use of state resources while engaging local communities in the repurposing process.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.
