S T A T E O F N E W Y O R K
________________________________________________________________________
7817
I N S E N A T E
June 25, 2012
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Introduced by Sen. MARCELLINO -- read twice and ordered printed, and
when printed to be committed to the Committee on Rules
AN ACT to amend the public lands law, in relation to the inventory of
unappropriated state land sales
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The opening paragraph of subdivision 2 of section 2 of the
public lands law is designated paragraph a and a new paragraph b is
added to read as follows:
B. THE COMMISSIONER OF GENERAL SERVICES SHALL ESTABLISH, MAINTAIN AND
HAVE THE CUSTODY OF AN INVENTORY OF ALL STATE-OWNED REAL PROPERTY AND
UNAPPROPRIATED STATE LAND THAT HAS BEEN SOLD, TRANSFERRED, CONVEYED OR
EXCHANGED WHICH CONTAIN A REVERTER CLAUSE, PURSUANT TO ARTICLE THREE OF
THIS CHAPTER AND PURSUANT TO ANY LAND SALE, TRANSFER, CONVEYANCE OR
EXCHANGE WHICH CONTAIN A REVERTER CLAUSE, PROVIDED FOR IN THE UNCONSOL-
IDATED LAWS OF NEW YORK STATE. THE COMMISSIONER SHALL AUDIT EACH LAND
SALE, TRANSFER, CONVEYANCE OR EXCHANGE WHICH CONTAIN A REVERTER CLAUSE,
TO ENSURE EACH TRANSACTION HAS MET THE REQUIREMENTS OF ARTICLE THREE OF
THIS CHAPTER OR AS PROVIDED IN THE UNCONSOLIDATED LAW, WITHIN ONE YEAR
OF THE EFFECTIVE DATE OF THIS PARAGRAPH. EACH TRANSACTION SHALL BE
AUDITED EVERY THREE YEARS THEREAFTER. THE COMMISSIONER SHALL REPORT
WITHIN ONE YEAR AFTER THE EFFECTIVE DATE OF THIS PARAGRAPH AND ANNUALLY
THEREAFTER TO THE GOVERNOR AND LEGISLATURE A COPY OF THE INVENTORY, THE
AUDIT STATUS OF EACH PARCEL OF STATE LAND IN THE INVENTORY, AND THE
AUDIT FINDING OF EACH PARCEL OF STATE LAND IN THE INVENTORY.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06376-01-1