Bill Summaries: S 698 SHORTEN REVIEW PERIOD/STATE PROPERTY SALES.-AB

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  • Summary date: Apr 4 2013 - View Summary

    Identical to H 370, filed 3/20/13.

    Amends GS 146-28 to require the Department of Administration (Department) to investigate a proposed transaction within 60 days (was, promptly investigate) of receiving an application for the sale, lease, or rental of any land owned by the state or a state agency. Requires the Department to determine whether or not it is in the state's best interest to sell, lease, or rent out the land. Amends GS 146-29 to require the Department to proceed with the sale, lease, or rental within 30 days after determining that it is in the state's best interest. Effective October 1, 2013.