Michigan HB4011 authorizes the transfer of state-owned property in Arenac County to local governments or other entities under specific conditions.

Michigan HB4011 allows the Department of Technology, Management, and Budget to transfer certain state-owned property in Arenac County. The bill specifies that the property must be offered to the state first, with a 120-day window for the state to decide whether to reacquire it. If the state declines, the property can be sold or transferred to local governments or other entities, provided it is used for public purposes. The bill outlines the process for determining fair market value, the conditions for property use, and the consequences if the property is used in violation of the restrictions.

Michigan HB4011 authorizes the transfer of state-owned property in Arenac County to local governments or other entities under specific conditions.

Michigan HB4011 allows the Department of Technology, Management, and Budget to transfer certain state-owned property in Arenac County. The bill specifies that the property must be offered to the state first, with a 120-day window for the state to decide whether to reacquire it. If the state declines, the property can be sold or transferred to local governments or other entities, provided it is used for public purposes. The bill outlines the process for determining fair market value, the conditions for property use, and the consequences if the property is used in violation of the restrictions.