HB 375 Summary

• Amends school district property disposal procedures by allowing boards to sell real property valued over $10,000 at public auction, and if unsold, at private sale without the earlier public auction requirement.

• Adds nonprofit institutions of higher education with certificates of authorization under Chapter 1713 to the list of entities that can purchase school district property without public auction.

• Requires school districts to offer real property to start-up community schools at appraised fair market value before disposing of it through other methods, with a 60-day acceptance period.

• Establishes a donation program allowing school districts to donate unneeded, obsolete, or unfit property valued at $2,500 or less to eligible nonprofit organizations exempt from federal income taxation, with specified procedures and public notice requirements.

• Creates new section 3313.412 allowing school districts with over 30,000 students and "effective" performance ratings to sell real property without standard public auction requirements if the property is located within 0.6 miles of a casino facility, to support economic development.