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

SB 187 transfers a 36.92-acre parcel of state-owned property in Tuscola County (near M-81 highway) to the Tuscola Area Airport Authority for $1.00, subject to strict public use requirements. The property must be used exclusively for public purposes like airports, parks, emergency services, or education - prohibiting for-profit use or restricted public access. If the airport develops oil, gas, or minerals on the land, it must pay half the revenue to the state’s general fund. This transfer affects the Tuscola Area Airport Authority and future public users of the property, with the state retaining rights to repossess if public use conditions are violated.