This bill authorizes the state administrative board to convey state-owned property located in Jackson County, specifically the former Dalton Road Landfill site, under certain conditions. The property, which encompasses approximately 81.078 acres, can be conveyed via quitclaim deed and is subject to a right of first refusal for Jackson County, allowing the county to purchase the property for $1.00 within two years of the bill's effective date. The bill outlines the definitions of terms such as "fair market value," "net revenue," and "public use," and establishes that the property must be used exclusively for public purposes if sold to a local government unit.

Additionally, the bill details the procedures for the conveyance of the property, including methods such as competitive bidding and public auctions, and stipulates that any sale must be approved by the department of technology, management, and budget. It also includes provisions for the reservation of certain rights, such as the state's claim to any oil, gas, or mineral revenues generated from the property, and the right to reclaim the property if the terms of the sale are violated. The net revenue from the sale will be deposited into the state treasury and credited to the general fund.