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AZ HCR2004

Concurrent Resolution

Status

Introduced

6/14/2024

Primary Sponsor

Alexander Kolodin

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - Second Regular Session (2024)

AI Summary

  • Proposes an amendment to Arizona Constitution Article X, Section 4 regarding state trust lands
  • Clarifies that all lands held in trust, along with lease-holds, timber, and other trust land products, must be appraised at true value before being offered for sale or disposal
  • Restructures the conditions for sale or disposal into subsections: (B.1) requires consideration at least equal to appraised value with a minimum price floor, and (B.2) prohibits credit sales without ample security
  • Changes "shall have been paid" to "has been paid" regarding when legal title passes upon consideration payment
  • Directs the Secretary of State to submit the proposition to voters at the next general election

Legislative Description

State trust lands; technical correction

Technical Correction

Last Action

Assigned to House RULES Committee

6/14/2024

Committee Referrals

Rules6/14/2024

Full Bill Text

No bill text available