This bill directs the Department of Administrative Services (DAS) to take possession of the Sununu Youth Services Center (SYSC) property in Manchester, New Hampshire, and to negotiate its sale, with the requirement of approval from the Governor and Council. The bill mandates that the property must be sold at no less than market value and emphasizes the importance of identifying a purchaser who will enhance the tax and business tax rolls of the city and state. The bill also stipulates that if the sale is finalized on or before June 30, 2027, the proceeds will be deposited into the General Fund, while sales finalized after that date will go to the Youth Development Center Settlement Fund. Additionally, the DAS is authorized to request appropriations for property maintenance until the sale is completed, subject to approval from the Fiscal Committee and the Governor and Council.

The bill repeals previous legal provisions regarding the possession and sale of the SYSC property, specifically sections 2025, 141:181 and 2025, 141:357. The fiscal impact of the bill is indeterminable, as it does not provide specific funding or authorize new positions. However, it is estimated that expenditures related to property maintenance and sale could range from $500,000 to $1,000,000. The bill's effective date is upon its passage, and it aims to facilitate the sale of the SYSC property while ensuring that the proceeds benefit the state and local community.