Relating to property valuations of properties located on the State Capitol Complex

Summary

The bill directs every West Virginia state agency to identify any property it owns or leases that is unused or substantially underused, and it eliminates the mandate to calculate market values for state‑owned real estate. The Real Estate Division will review these inventories every four years and advise the governor on the best or alternative uses, including private‑sector proposals. This aims to improve asset management and potentially generate revenue or cost savings for the state.

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

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