Requires the Commissioner of Administration to report on state property that have been abandoned and authorizes the Governor to convey such properties
In practical terms, the bill empowers the governor to sell, transfer, or convey any state property identified in the Commissioner’s report. By providing the governor with such authority, SB720 aims to facilitate the prompt disposal of under-utilized state properties, which can free up financial resources and aid in the revitalization of local areas. Given the right conditions, this could lead to significant economic benefits in the communities where the properties are located.
Senate Bill 720 aims to improve the management of abandoned state properties in Missouri. The bill requires the Commissioner of Administration to compile an annual report of all real properties owned by the state that have been identified as abandoned or not utilized for a period of three years. This report will include details on each specific parcel, including its previous use, and it must be submitted to every member of the general assembly by October 1, 2025, and annually thereafter. This transparency is seen as a necessary step toward better managing state assets.
While the bill presents a systematic approach to managing abandoned state properties, it also raises concerns among some stakeholders regarding the potential for loss of public land. Critics may argue that without adequate safeguards, such properties could be sold off too easily, undermining public interests or leading to land that could serve community needs being placed in private hands. Overall, the discussion around SB720 highlights the balance that must be maintained between efficient property management and the preservation of community resources.