This bill directs the Department of Administrative Services (DAS) to take possession of the Sununu Youth Services Center (SYSC) property located in Manchester, New Hampshire, and to initiate the process of selling the property. The DAS is authorized to negotiate contracts necessary for the sale, which must be approved by the governor and council. The bill emphasizes that the identification of a purchaser who can enhance the tax and business tax rolls of Manchester and the state is a priority. Additionally, the property must be offered for sale at no less than market value, and proceeds from the sale will be deposited into the general fund. The bill also allows the DAS to request additional appropriations for property maintenance until the sale is finalized, with such requests subject to approval by the fiscal committee and the governor and council.

The bill repeals previous legal provisions related to the possession and sale of the SYSC property, specifically sections 2025, 141:181 and 2025, 141:357. The effective date of the act is upon its passage. The fiscal note indicates that while the bill does not provide funding or authorize new positions, it anticipates an indeterminable increase in revenue to the general fund from the sale, as well as potential expenditures related to property maintenance and sale processes, estimated to range between $500,000 and $1,000,000. Local revenue impacts are also indeterminable, depending on the final sale price and subsequent property tax implications.