WV HB5612

Requires state agencies to designate which of their owned or leased properties are unused or substantially underused when reporting to the Real Estate Division

Removes the requirement for the Real Estate Division to establish market value when submitting property information to the Governor and Secretary of Administration

Maintains the four-year review cycle for the Real Estate Division to verify accuracy of state real property inventory records

Preserves requirements for the Real Estate Division to analyze highest and best use of properties and recommend alternative uses that would benefit the state