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ID S1302
Bill
Status
Passed
4/4/2014
Primary Sponsor
Transportation Committee
Click for details
AI Summary
- Creates a $10,000 threshold for property transfer notice requirements between units of government or districts
- Property transfers valued at $10,000 or less may be conveyed without notice or hearing
- Property transfers exceeding $10,000 in value require notice of general agreement terms published in newspapers at least twice
- First publication must occur at least 12 days before the governing board meeting; second publication at least 5 days before the meeting
- Written agreement remains required for all conveyances or transfers of real or personal property between governmental units or districts, regardless of value
Legislative Description
Amends existing law to provide that notice need not be given for certain conveyances or transfers of real or personal property and to provide that for conveyances or transfers of real or personal property with a certain value, notice shall be given by publication.
PROPERTY TRANSFERS
Last Action
Signed by Governor on 04/04/14 Session Law Chapter 344 Effective: 07/01/2014
4/4/2014
Committee Referrals
State Affairs3/12/2014
Transportation2/10/2014
Judiciary and Rules2/7/2014
Full Bill Text
No bill text available