CIVIL LAW-TECH

This bill amends state laws to create a new fund and establish a process for handling long-vacant, unsellable surplus real property owned by the state. It directs the State Property Administrator to assess these properties, which have been vacant for over five years, and produce a detailed report on their condition, costs, and potential actions. Once approved by the legislature, the state can use money from the newly created Sustainable Ownership and Surplus Property Environmental Cleanup Fund to demolish structures and clean up environmental hazards at these sites. The bill also requires the Administrator to submit annual reports to the Governor and the General Assembly by February of each even-numbered year.