AN ACT relating to real property.

Summary

The bill redesigns Kentucky's purchasing system by giving the Finance and Administration Cabinet authority over all agency purchases and the sale or trade of state-owned real property. It requires agencies to submit annual estimates of needed supplies and equipment, and it sets rules for how unused property can be disposed of, including local government rights of first refusal. The changes aim to improve coordination, value, and transparency in state spending.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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