California AB1420 amends the Government Code to manage state surplus land, prioritizing its use for affordable housing.
California AB1420 revises Section 11011 of the Government Code to mandate annual reviews by state agencies of their proprietary lands to identify surplus properties. These lands, not needed for current or future state programs, are to be reported to the Department of General Services. The Department then decides whether to sell or transfer the land, prioritizing exchanges for affordable housing. Proceeds from land sales are to be deposited in the Property Acquisition Law Money Account, supporting the redevelopment of excess state properties as affordable housing.
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