This bill authorizes the state board of regents to sell specific real properties on behalf of Kansas State University (KSU) and its Veterinary Medical Center. The first property is located at 9706 Mockingbird Drive in Omaha, Nebraska, and the second is the Unger complex in Manhattan, Kansas. The bill stipulates that the conveyance of these properties must be executed by the chairperson and executive officer of the state board of regents, with all proceeds from the sales deposited into designated restricted fees funds for KSU. Additionally, any conveyance must be reviewed and approved by the attorney general, and the bill specifies that it is not subject to certain provisions of existing law.

The bill includes provisions that allow the state board of regents to correct any inaccuracies in the legal descriptions of the properties before conveyance, provided that the corrected descriptions are also approved by the attorney general. The act will take effect upon its publication in the Kansas register.