Existing law requires the Department of General Services to maintain an inventory of real property held by the state, and prescribes the disposition of surplus state property.
This bill would declare the intent of the Legislature to enact legislation that would require the department identify $1,000,000,000 worth of state property that can be sold immediately to help close the state’s budget deficit, and that would require state agencies and departments that may be affected by the sale of land or structures to determine the costs and benefits of leasing back their existing space or finding new space.