This bill authorizes the director of the department of administrative services to dispose of the Henry A. Wallace state office building and the associated capitol complex parking structure located in Des Moines, Iowa. The disposal will occur under terms and conditions determined by the director, in accordance with existing law. Additionally, the proceeds from the sale of these properties are required to be deposited with the treasurer of state and credited to the general fund.

The bill is deemed to be of immediate importance and will take effect upon enactment. This provision ensures that the authorization for the disposal of the specified real property can be executed without delay.