BILLASPASSEDBYTHEHOUSE H.50
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H.50
IntroducedbyRepresentativesCaseyofMontpelierandMcCannof
Montpelier
ReferredtoCommitteeon
Date:
Subject:Publicpropertyandsupplies;DepartmentofBuildingsandGeneral
Services;Stateproperty;housing;affordablehousing
Statementofpurposeofbillasintroduced:Thisbillproposestotaskthe
DepartmentofBuildingsandGeneralServiceswithidentifyingStatereal
propertysuitableforconversionintoaffordablehousing.
AnactrelatingtoidentifyingStaterealpropertysuitableforconversioninto
affordablehousing
AnactrelatingtoidentifyingunderutilizedStatebuildingsandland
ItisherebyenactedbytheGeneralAssemblyoftheStateofVermont:
Sec.1.29V.S.A.§ 152isamendedtoread:
§ 152.DUTIESOFCOMMISSIONER
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(b)TheCommissionerofBuildingsandGeneralServicesshall:
(1)Priortotransferofunexpendedbalancesbetweenprojectsunderthe
provisionsofthissectionoranotherprovisionoflaw,consultwiththeState
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TreasurerandtheCommissionerofFinanceandManagementtodeterminethat
suchtransferdoesnotadverselyaffecttheexclusionfromgrossincomeofthe
interestonthebondsfromwhichsuchunexpendedproceedsarederived,
pursuanttoSection103oftheInternalRevenueCodeof1986orany
correspondingInternalRevenueCodesectionoftheUnitedStates,asfrom
timetotimeamended.TheCommissionershallnotifytheStateTreasurer
within30daysofthepostponementofanyauthorizedprojectsforwhich
bondshavebeenissued.
(2)ConsultwiththeStateTreasurerregardingimplementationof
projectsineachcapitalappropriationsact,includingthedispositionofassets
purchasedwithcapitalappropriations,withregardtosatisfactoryresolutionof
issuesassociatedwithlegalandtax-exemptstatusofoutstandingStatebonds.
(3)OnorbeforeJanuary15ofeachnewlegislativebiennium,studyand
submittotheGeneralAssemblyareportthatexamineswhetheranyofthe
State’srealproperty,includingunderutilizedlotsinpopulationcenters,is
suitableforconversionintoaffordablehousing.
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Sec.2.EFFECTIVEDATE
Thisactshalltakeeffectonpassage.
Sec.1.29V.S.A.§ 165isamendedtoread:
§ 165.SPACEALLOCATION,INVENTORY,ANDUSE;LEASING
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PROPERTY;COMMISSIONER’SPREAPPROVALREQUIRED
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(e)TheCommissionerofBuildingsandGeneralServicesshallmaintainan
inventoryofallState-ownedbuildingsandlandandshallbiannuallycompile
andupdatetheinformationreceivedundersubsection(g)ofthissection,which
shallbeconsideredonceavailableinmakingspacingallocationsand
designatingusesundersubsection(c)ofthissection.
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(g)Theheadofeachagencyshallprepareandforwardtothe
CommissionerofBuildingsandGeneralServiceswhenrequestedbythe
CommissionerannuallyinaformatprescribedbytheCommissioneran
inventoryof:squarefootageavailableforuse;squarefootageinactualuse;
squarefootagenotinuse;squarefootageusedforstorage;squarefootagethat
isunfinished;costpersquarefootforrent;costpersquarefootforoperation
andmaintenance;andthesourceoffundsforrent,operation,and
maintenance,includingtheactandsectionnumbersofalegislativedirectiveif
applicable.Theheadofeachagencyshalladditionallyindicateinits
inventoryinaformatprescribedbytheCommissionerwhetheranybuildingis
vacantandwhetheranylandisunnecessaryforStatepurposes.
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(j)OnorbeforeJanuary15ofeachnewlegislativebiennium,the
CommissionershallsubmittotheHouseCommitteeonCorrectionsand
InstitutionsandtheSenateCommitteeonInstitutionstheinventorymaintained
undersubsection(e)ofthissection.
Sec.2.EFFECTIVEDATE
Thisactshalltakeeffectonpassage.