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Committee advances bill to centralize state real‑estate buying and selling reviews under Division of Building Authority

2350117 · February 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 14‑99 would require state agencies to bring appraisals and purchase/sale proposals to the Division of Building Authority before completing real‑estate transactions, aiming to improve portfolio management and save taxpayer dollars.

The Division of Building Authority (DBA) presented House Bill 14‑99, an agency bill supported by the governor, to centralize and clarify the process by which state agencies acquire or dispose of real property. Anne (surname not specified), Director of the Division of Building Authority, explained the bill moves line‑item exemptions into an ordered list and requires agencies to involve DBA earlier: an agency would secure an appraisal and bring that…

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