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Bill

LC 2842

Generally revise laws related to the acquisition and disposition of state owned buildings

2025 Regular Session

Overhauls state rules for acquiring and disposing of state-owned buildings to streamline processes, boost transparency, and improve accountability in public property management.

(LC) Draft Died in Process
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Bill Summary · LC 2842

Summary of LC 2842 (Generally revise laws related to the acquisition and disposition of state owned buildings)

Overview

LC 2842 is a proposed bill intended to revise and modernize the laws governing how the state acquires and disposes of state-owned buildings. The bill was introduced on December 11, 2024, and has not progressed beyond the drafting stage. The status is listed as (LC) Draft Died in Process, with prior actions noting the draft was assigned, placed on hold, and ultimately not advanced as of May 27, 2025.

  • Bill number: LC 2842
  • Title: Generally revise laws related to the acquisition and disposition of state owned buildings
  • Subject: PROPERTY, State Government
  • Introduced: December 11, 2024
  • Status: Draft died in process

Purpose and intent (as inferred from the title)

Although the full text is not provided here, the title indicates the bill aims to overhaul existing statutes governing how the state acquires and disposes of buildings it owns. Likely goals of such reforms include:

  • Streamlining procurement and disposition processes
  • Enhancing transparency and accountability in state property transactions
  • Clarifying roles and authority of state agencies involved in property management
  • Aligning acquisition and sale/disposition practices with best practices for public asset management
  • Potentially updating environmental, energy-efficiency, and due-diligence requirements

Note: These points are inferred from typical objectives of “revising laws related to acquisition and disposition of state owned buildings” and are not a substitute for the bill’s actual text.

Potential provisions (inferred possibilities)

If a successor bill or the final text were available, expected areas might include:

  • Definitions and scope of state-owned buildings covered
  • Requirements for appraisal, valuation, and bidding/competitive procurement
  • Approval thresholds and oversight mechanisms (which agency or board can authorize acquisitions or dispositions)
  • Methods of disposition (sale, lease, exchange, demolish, public auction)
  • Process timelines, notices, and required reports
  • Environmental, historical preservation, and energy considerations
  • Conflict of interest protections and public transparency (lien searches, MBE/WBE goals, etc.)
  • Recordkeeping, auditing, and post-transaction reporting

These are general components commonly seen in property-related reform bills.

Affected parties

  • State government agencies and departments responsible for managing state-owned properties
  • State finance and procurement offices
  • Legislators and oversight committees
  • Public stakeholders and taxpayers interested in how state assets are managed

Procedural history and timeline

  • 2024-12-11: Drafter Assigned; Draft On Hold
  • 2025-05-27: Draft Died in Process
  • Current status: Died in process; no further action pending in this session

Potential impact and considerations

  • If enacted, could improve efficiency and transparency in how buildings are acquired and disposed of, potentially affecting real estate strategy, budgeting, and capital planning.
  • Important to review the actual text for specifics on approvals, timelines, cost implications, and safeguards.
  • Given the bill’s death in process, readers should monitor for a potential reintroduction in future sessions or revised amendments.

Next steps

  • Check for any future reintroduction or amended versions in subsequent sessions.
  • Review the final bill text if released to understand precise provisions, fiscal impact notes, and implementation timelines.

Compiled from official sources — confirm details with the bill’s official record.

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