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Companion Bill SB1027. Surplus Property - Modifies the procedures for the department of transportation's disposition of real property that was intended for use as right-of-way. - Amends TCA Section 12-2-112. Fiscal Summary for HB1203 / *SB1027Increase State Expenditures - Not Significant Bill Summary for HB1203 / *SB1027 Present law establishes the methods by which the commissioner of finance and administration, with the approval of the governor and attorney general and reporter, may sell, lease or otherwise convey any interest in surplus state real property. One such provision is that all interests in real property other than the fee interest, including, but not limited to, leases, easements and rights-of-way, must be disposed of in accordance with policies established by the state building commission, including advertisement and appraisal where [...]

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Latest Actions
  • 05/15/2007 - Public Chapter 118
  • 05/15/2007 - Effective date(s) 07/01/07
  • 05/08/2007 - Signed by Governor.
  • 04/26/2007 - Transmitted to Governor for his action.
  • 04/26/2007 - Signed by Senate Speaker

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Bill Text
File name Last Updated
Amendment 1-0 to HB120310/27/2007
Amendment 2-0 to HB120310/27/2007
HB1203 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
SB1027 Fiscal Notes PDF10/27/2007