SB 24-178

Senate Bill 24-178 removes the need for state agencies and higher education institutions in Colorado to submit annual lists of unused real property they own or control. Instead, this information will be included in a single inventory prepared by the Department of Personnel. The bill was signed into law by the governor on April 19, 2024, and it will take effect on August 7, 2024. This change simplifies reporting requirements for state entities while ensuring that details about unused property are still publicly available through a centralized inventory.

Official Summary

The following requirements are repealed, as they are duplicative of an annually required inventory of unused state-owned real property prepared by the department of personnel: The requirement that each state agency and state institution of higher education annually submit to the capital development committee (committee) a list of all nondeveloped real property owned by or under the control of the agency or institution (nondeveloped real property list); The requirement that the committee include the information from the nondeveloped real property list in an annual report; and The requirement that the division of housing within the department of local affairs post a link to the report on the division's website. APPROVED by Governor April 19, 2024 EFFECTIVE August 7, 2024(Note: This summary applies to this bill as enacted.)

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