CDB-APPROVE ST PROP LEAS-PURC
Synopsis of Bill as introduced:
Amends the Capital Development Board Act. Includes in the list
of the purposes of the Board reviewing and approving or denying State
executive branch agency real estate lease and purchase requests.
Authorizes the Board to recommend and, upon agency request, implement
real estate transactions in the State's best current and future
interests. Removes the authority of the Department of Central
Management Services in implementing State agency real estate
transactions. Effective immediately.
FISCAL NOTE (Capital Development Board)
Estimated operational fiscal impact is $1,229,000.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status