This bill authorizes the transfer of state property in Ascension Parish and Bossier Parish to specific entities. The commissioner of administration and the secretary of the Department of Public Safety and Corrections are empowered to convey approximately 3.42 acres of land in Ascension Parish to Priceco, L.C., while the secretary of the Louisiana Department of Health and the commissioner of the division of administration are authorized to transfer approximately 37.921 acres of land in Bossier Parish to the Bossier Parish School Board. Both transfers exclude mineral rights and are contingent upon agreements that will detail the terms and conditions of the conveyance.

Additionally, the bill outlines that the involved parties must execute necessary documents to effectuate the transfers, ensuring that the transactions are proportionate to the appraised value of the properties. The bill will take effect upon the governor's signature or, if not signed, after the designated period for bills to become law without signature. If vetoed and later approved by the legislature, the bill will become effective the day after such approval.