House Bill No. [insert bill number] authorizes the secretary of the Department of Transportation and Development to transfer specific state property located in St. Tammany Parish to the city of Mandeville. The property in question is described as Lot 67 Lakewood Heights, and the transfer will exclude mineral rights, which will be reserved for the state. The bill outlines that the secretary is empowered to enter into necessary agreements and execute documents to facilitate the transfer, ensuring that the consideration for the property is proportionate to its appraised value.

The bill will take effect upon the governor's signature or, if not signed, after the designated time for bills to become law without signature, as stipulated by the Louisiana Constitution. If the bill is vetoed by the governor but later approved by the legislature, it will become effective the day after such approval.