Limits resale of certain real property formerly owned by public body in certain circumstances; bans deed restrictions limiting use of commercial real property in certain circumstances.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill aims to restrict the resale of real property previously owned by public bodies for a period of 10 years unless a specific agreement is in place to pay prevailing wages for construction or maintenance work. It also prohibits deed restrictions that limit the commercial use of real property to the same commercial purpose as the original seller, deeming such restrictions against public policy and unenforceable. The bill also requires public bodies to pay prevailing wages on work performed on their properties.
Bill text
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