Bill
SCR 1012
Overview: SCR 1012, "technical correction; state lands; price", is a concurrent resolution that has passed the Senate and is currently awaiting a House vote.Purpose and Intent: The
Overview: SCR 1012, "technical correction; state lands; price", is a concurrent resolution that has passed the Senate and is currently awaiting a House vote.
Purpose and Intent: The resolution aims to make a technical correction to state law regarding the minimum price for the sale of state trust lands. The change is intended to align the law with the Arizona Constitution and ensure the state receives fair market value for the sale of these public lands.
Key Provisions:
- Corrects a discrepancy in state law that set the minimum price for state trust land sales at $500 per acre, which is lower than the fair market value required by the Arizona Constitution
- Removes the $500 per acre minimum and instead requires that state trust lands be sold at their appraised fair market value
Affected Parties and Impacts: This resolution would impact the Arizona State Land Department, which is responsible for managing and selling state trust lands. The change would ensure the state receives the constitutionally-required fair market value for these public land sales.
Procedural and Timeline Considerations: SCR 1012 has passed the Senate and is currently awaiting a vote in the House. If approved by the House, it would then be transmitted to the Secretary of State.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.
