BILL NUMBER: SB 30	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Denham

                        DECEMBER 2, 2008

   An act relating to state property, and declaring the urgency
thereof, to take effect immediately.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 30, as introduced, Denham. State property.
   (1) 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 require the department to identify not less than
$1,000,000,000 worth of state property that can be sold immediately
to pay for the retirement of outstanding general obligation bonds
issued by the state, thereby helping to close the state's budget
deficit. State agencies and departments that would be affected by the
sale of land or structures would be required to determine the costs
and benefits of leasing back their existing space or finding new
space.
   (2) This bill would declare that it is to take effect immediately
as an urgency statute.
   Vote: 2/3. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  (a) The Department of General Services shall identify
not less than one billion dollars ($1,000,000,000) worth of state
property, including, but not limited to, land and structures, that
can be sold immediately for the purpose of providing additional funds
to pay for the retirement of outstanding general obligation bonds
issued by the state, thereby assisting in closing the state's budget
deficit.
   (b) Each state agency or department that may be affected by the
sale of land or structures that they inhabit shall determine the
costs and benefits of leasing back their existing space or finding
new, more cost-effective space in which to conduct business.
  SEC. 2.  This act is an urgency statute necessary for the immediate
preservation of the public peace, health, or safety within the
meaning of Article IV of the Constitution and shall go into immediate
effect. The facts constituting the necessity are:
   In order to identify urgently needed funds to help alleviate the
state's current budget deficit, it is necessary that this act take
effect immediately.