House Bill No. by Representative Young authorizes the transfer of certain state property located in Natchitoches Parish, Louisiana. The bill empowers the president of the Board of Elementary and Secondary Education and the commissioner of administration to convey, transfer, assign, lease, or deliver any interest in three parcels of land totaling approximately 1.16 acres, while explicitly excluding mineral rights. The property is described in detail and is identified by its inventory code. The bill also allows for the execution of necessary agreements and documents to facilitate the transfer, ensuring compliance with Louisiana's constitutional provisions regarding state property.
Additionally, the bill stipulates that any sale conducted under its authority must adhere to existing laws governing state property transactions. It establishes that the act will take effect upon the governor's signature or, if not signed, after the designated period for bills to become law without signature. If the governor vetoes the bill but it is later approved by the legislature, it will take effect the day after that approval.