House Bill No. by Representative Schamerhorn aims to amend the sale of surplus state-owned property by enacting a new provision under R.S. 39:330.1(A)(3). This new provision establishes a preference for in-state auctioneers when both in-state and out-of-state auctioneers are bidding, provided that the quality of services is equal and the cost difference does not exceed ten percent. This preference is intended to support local businesses and ensure that state resources are utilized effectively.

The bill outlines that this preference for in-state auctioneers applies to auctions conducted under the existing provisions of R.S. 39:330.1(A)(1) and (2). The effective date of the bill will be upon the governor's signature or, if not signed, upon the expiration of the time for bills to become law without signature. If the bill is vetoed and later approved by the legislature, it will take effect the day after such approval.

Statutes affected:
HB1129 Original: 39:1(A)(1)
HB1129 Engrossed: 39:1(A)(1)