Surplus state real property.

The California Constitution requires that the proceeds from the sale of surplus state property, with certain exceptions, be used to pay the principal and interest on specified bonds, and, when the principal and interest on those bonds are fully paid, be deposited in the Special Fund for Economic Uncertainties. Existing law makes a statement of legislative findings regarding the lack of a complete inventory of all state real property holdings and the state's need to improve management of its real property. This bill would make technical, nonsubstantive changes in the statement of legislative findings described above.