This bill proposes to update current statutes by introducing a new provision that allows individuals leasing state land for commercial purposes to apply for the purchase of that land, provided it is not being leased for solar or wind energy. The lessee can submit a single application for multiple parcels or separate applications for each parcel. This new language would be inserted into the existing statutes, creating a pathway for lessees to transition from leasing to ownership.

Additionally, the bill outlines a process for the public auction of the leased parcels. Upon receiving an application from a lessee, the state land commissioner is required to appraise, advertise, and sell the parcel at public auction within ninety days. The auction process will continue even if the lease expires or is renewed during this period, as long as the application remains active. Furthermore, this new section will be repealed after December 31, 2027, indicating a temporary measure.