HB4772 Summary

• Removes the sealed bid sale requirement for selling used State-owned vehicles to units of local government, allowing direct sales instead.

• Redirects fees and proceeds from surplus property sales from the State Surplus Property Revolving Fund to the General Revenue Fund beginning July 1, 2020.

• Transfers all remaining balances and future deposits from the State Surplus Property Revolving Fund to the General Revenue Fund, effectively repealing the revolving fund.

• Changes funding source for Department of Central Management Services surplus property operations from the State Surplus Property Revolving Fund to the General Revenue Fund starting fiscal year 2021.

• Modifies State Police vehicle sales proceeds handling by removing the $500 handling fee retention provision, directing all proceeds to the State Police Vehicle Maintenance Fund.