Creates a new fund for moneys received from the sale of real property owned by the state

Summary

The bill establishes a Real Estate Fund in the state treasury that receives money from the sale of Missouri‑owned real property. The Commissioner of Administration (or designee) would administer the fund and may use it to acquire property or lease excess space to support state functions. It also reorganizes the Office of Administration, giving it new duties over surplus property and state IT services.

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