FISCAL NOTEWEST virginia Legislature

2016 regular session

Introduced

House Bill 4513

By Delegates Howell, Hill, Arvon, Stansbury, Cadle, Ihle, Hamrick, Faircloth, R. Smith, Atkinson and Blair

[Introduced February 11, 2016; Referred
to the Committee on Government Organization then Finance.]

A BILL to amend and reenact §5A-10-3 of the Code of West Virginia, 1931, as amended, relating to requiring a cost-benefit analysis to be performed before the state purchases certain real estate.

Be it enacted by the Legislature of West Virginia:


That §5A-10-3 of the Code of West Virginia,1931, as amended, be amended and reenacted to read as follows:

ARTICLE 10. REAL ESTATE DIVISION.


§5A-10-3. Powers and duties of Real Estate Division.

The Real Estate Division has the following powers and duties:

(1) To provide leasing, appraisal and other real estate services to state spending units;

(2) To ensure that the purchase of real estate and all contracts for lease are based on established real estate standards and fair market price;

(3) To develop and implement minimum lease space standards for the lease of any grounds, buildings, office or other space required by any spending unit of state government;

(4) To develop and implement minimum standards for the selection and acquisition, by contract or lease, of all grounds, buildings, office space or other space by a spending unit of state government except as otherwise provided in this article;

(5) To establish and maintain a comprehensive database of all state real estate contracts and leases;

(6) To develop policies and procedures for statewide real property management;

(7) To maintain a statewide real property management system that has consolidated real property, building and lease information for all departments, agencies and institutions of state government;

(8) To develop and maintain a centralized repository of comprehensive space needs for all state departments, agencies and institutions of state government, including up-to-date space and resource utilization, anticipated needs and recommended options;

(9) To provide statewide policy leadership and coordinate master planning to guide and organize capital asset management; and

(10) To provide assistance to all state departments, agencies or institutions in acquiring, leasing and disposing of real property and

(11) To perform and document a cost-benefit analysis prior to any purchase by the state of real property when the purchase price is $1 million dollars or more.  


 

 

 

NOTE: The purpose of this bill is to require a cost-benefit analysis to be performed before the state purchases certain real estate.

Strike-throughs indicate language that would be stricken from a heading or the present law, and underscoring indicates new language that would be added.