state land use; highest; best
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill changes how the Arizona State Land Department manages state lands leased for commercial purposes. It prioritizes selling state lands with underperforming commercial leases if the lessee wants to buy them. The bill establishes a process for auctions and defines what constitutes an ‘underperforming commercial lease,’ including factors like parcel size, location, and infrastructure. It also includes legislative findings emphasizing the need to address these leases to benefit the state land trust.
Key provisions
- Prioritizes auctioning of state lands with underperforming commercial leases if the lessee wants to purchase.
- Establishes a 18-month timeframe for the commissioner to appraise and auction underperforming leases.
- Defines ‘underperforming commercial lease’ based on factors like parcel size, location, and infrastructure.
- Allows a single application for multiple eligible parcels.
- Prohibits actions that could favor one bidder over another during the auction process.
- Requires the State Land Department to provide ample notice to lessees before terminating underperforming leases.
- Includes legislative findings justifying the need to address underperforming leases.
Who is affected
- Arizona State Land Department
- Commercial Land Leases
- State Land Trust Beneficiaries
- Lessees of State Lands
- Arizona Residents (through state land trust revenue)
Bill text
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Sponsors
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2 on record
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Cosponsor
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