This bill authorizes the state administrative board to convey state-owned real property located in Kent County, specifically at 345 Northland Drive, NE, in the city of Rockford. The property, which consists of approximately 0.586 acres and includes various lots from the Wolverine Addition, is currently under the jurisdiction of the department of state police. The bill outlines the conditions for the conveyance, including the requirement for a fair market value appraisal, the responsibilities of the department of state police for maintaining the property until the transfer, and the approval of the conveyance by the department of attorney general. The bill also specifies that the net revenue from the sale must be deposited into the state treasury and credited to the general fund.

Additionally, the bill provides various methods for the conveyance, including competitive sale, transfer to local governments, or trading for other real property. It imposes restrictions on the use of the property, mandating that it be used exclusively for public purposes for a specified number of years, and outlines the state's rights to reacquire the property if it is sold by the local government within 30 years. The bill also reserves certain rights to the state regarding oil, gas, and mineral development, as well as aboriginal antiquities found on the property. Overall, the legislation aims to facilitate the responsible transfer of state property while ensuring public benefit and compliance with legal requirements.