Property: conveyance of state property; transfer of certain state-owned property in Kent County; provide for. Creates land transfer act.

This bill authorizes the Michigan State Administrative Board to transfer state-owned land in Kent County, specifically a 0.586-acre parcel currently managed by the Department of State Police. The legislation outlines several methods for this transfer, including public sale, offering the property to local governments, transferring it to other state agencies, or trading it for other real estate. If the property is sold to a local government for less than its fair market value, the buyer must agree to use the land for public purposes for 30 years and allow the state to repurchase it at the original price if the local government tries to sell it within that period. The Department of Technology, Management, and Budget is tasked with overseeing the valuation and execution of the transfer, while the Department of Attorney General must approve the legal documents.