The bill, Substitute House Bill No. 7130, mandates that the State Properties Review Board (SPRB) review any real estate acquisition funded by a grant-in-aid to municipalities under the Urban Action grant program or the Small Town Economic Assistance Program (STEAP). This review is required prior to the acquisition and must be communicated to the municipality, the Secretary of the Office of Policy and Management, and any relevant state agency administering the grant. The bill specifies that municipalities receiving such grants are exempt from other state agency review or approval requirements, except for the SPRB review.

Additionally, the bill amends existing statutes by adding new subsections to sections 4b-3 and 4-66c, while repealing and substituting subsection (d) of section 4-66g. The new language clarifies that municipalities are not subject to any other review requirements for real property acquisitions funded by these grants, except for the SPRB review. The effective date for these changes is set for October 1, 2025. Overall, the bill aims to streamline the process for municipalities acquiring real estate with state funding while ensuring oversight through the SPRB.

Statutes affected:
Raised Bill: 4-66c
GAE Joint Favorable: 4-66c
File No. 622: 4-66c