AN ACT relating to real property.

Amend KRS 45A.045, relating to the disposal of state property, to require the Finance and Administration Cabinet to determine that there is no need of a state agency or ownership interest of local government before disposal of state-owned real property; require the state agency disposing of real property to provide maintenance and security of real property until completion of disposal; establish authority for the Finance and Administration Cabinet to utilize other methods to dispose of…

Counties, Urban Property Cities Consolidated Local Governments Counties Local Government Public Buildings and Grounds Public Procurement Real Estate State Agencies

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This bill changes how Kentucky state government handles the sale or transfer of state-owned real property. Before disposing of such property, the Finance and Administration Cabinet must first check whether any state agency or local government wants it, and local governments would have a formal way to express interest in abandoned or underused state property. State agencies would also be required to maintain and secure the property until the disposal process is complete. Who it may affect: local governments, including cities and counties, and state agencies managing or seeking access to surplus state-owned properties.

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