PRINTER'S NO. 3545
No. 2591 Session of 1998
INTRODUCED BY MAYERNIK, MAY 5, 1998
REFERRED TO COMMITTEE ON STATE GOVERNMENT, MAY 5, 1998
AN ACT 1 Requiring the timely settlement of sales of surplus property by 2 the Department of General Services; and limiting the 3 conveyance powers of the department. 4 The General Assembly of the Commonwealth of Pennsylvania 5 hereby enacts as follows: 6 Section 1. Settlement deadline. 7 All proposed sales of surplus property by the Department of 8 General Services shall be brought to settlement within two years 9 of the date of bid openings resulting in a successful high bid. 10 Section 2. Extensions. 11 If the proposed purchaser is acting in good faith and moving 12 forward in a timely manner, the department, upon the approval of 13 the Secretary of General Services, may grant up to two six-month 14 extensions. 15 Section 3. Rescission. 16 Such proposed sale shall be rescinded if this act is not 17 complied with. 18 Section 4. Effective date.
1 This act shall take effect in 60 days. D29L71JAM/19980H2591B3545 - 2 -