Maryland HB1557 establishes a Real Estate Advisory Committee to review state real estate transactions and make recommendations.
Maryland HB1557 creates a Real Estate Advisory Committee within the Department of General Services to review certain real estate transactions. The committee consists of the Secretary or their designee, six members with real estate expertise, and one non-voting member from the Senate. The committee reviews transactions, provides recommendations, and submits an annual report to the Governor and General Assembly. Real estate transactions submitted to the Board of Public Works must include specific information, such as a cost-benefit analysis and justification for non-competitive procurement.
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