Enact the ASSET Act

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill lets state agencies, university boards and the adjutant general lease idle state property to private developers under set time limits, with the land returning to the state at the end of the lease. It also creates rules for energy‑efficient buying and for selling low‑value state land. The changes aim to generate revenue from unused assets and improve government purchasing practices.

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

Hearings

• House Veterans and Military Development: H. B. No. 632, H. B. No. 785
  House Veterans and Military Development · Nov 10, 2026
• House Veterans and Military Development: H. B. No. 452, S. B. No. 253, H. C. R. No. 42, H. B. No. 632, H. B. No. 785
  House Veterans and Military Development · Jun 2, 2026
• House Veterans and Military Development: S. B. No. 179, H. B. No. 632, H. B. No. 785, H. B. No. 823
  House Veterans and Military Development · May 20, 2026

History

1. Mar 25, 2026Referred to committee
2. Mar 24, 2026Introduced

Sponsors

• Ty D. Mathews (R) · sponsor
• James M. Hoops

Bill text

Opens the legislature’s own copy.

Similar bills in other states

Loading the map of where bills like this one were filed.

Topics

Share