CA AB2174

Authorizes the Director of General Services to sell, exchange, lease, or combine sale with exchange of seven specified surplus state properties for fair market value, including parking lots in San Francisco, a building in Sacramento, and field offices in San Diego and Bakersfield.

Requires that issuer and trustee costs related to bond review, defeasance, or retirement of State Public Works Board bonds be paid from proceeds of the property sales or leases.

Specifies that proceeds from disposition of the Employment Development Department parking lot at 850 Turk Street in San Francisco must be used to reimburse federal and state equity financing as required by applicable law.

Makes an appropriation by increasing amounts transferred into continuously appropriated funds through the proceeds received from real property dispositions.