This bill authorizes the State Treasurer to sell two parcels of State-owned land located in Mercer County to the county itself for a nominal fee of one dollar each. The properties include one located on Lamberton Street in the City of Trenton and another on Lawrence Station Road, known as the Mercer County Fire Academy Dempster Fire Training Center. The sale will be conducted under terms and conditions approved by the State House Commission.

The Office of Legislative Services (OLS) estimates that the sale will generate a one-time revenue increase of two dollars for the State-Owned Real Property Fund, while Mercer County will incur a corresponding one-time expenditure increase of the same amount. Under current law, revenues from State property sales are typically deposited into the State-Owned Real Property Fund unless specified otherwise in the legislation.