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AL SB318
Bill
AI Summary
SB318 Summary
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Amends Section 9-15-82 of the Code of Alabama 1975 to add the Alabama Mental Health Finance Authority to the list of state entities exempt from competitive bidding requirements for sale and lease of real property.
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The Alabama Mental Health Finance Authority joins the Alabama Housing Finance Authority in being exempt from having to go through the State Lands Division for real property transactions.
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The exemption applies to the sale or conveyance of real property owned by the Alabama Mental Health Finance Authority.
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Becomes effective on the first day of the third month following passage and approval by the Governor.
Legislative Description
Mental Health Finance Authority, sale and lease of real property, exempt from requirement that State Land Division of Conservation and Natural Resources Department competitively bid, Sec. 9-15-82 am'd.
Property, Real and Personal
Last Action
Assigned Act No. 2014-304.
4/1/2014