State real property: City of Imperial.

Removed the provision (former subdivision (c)) that permitted a below-fair-market-value sale or lease price if the director determined a discount would enhance public safety and facilitate remediation of historic pollution including fuel storage and asbestos at the property.

The pricing language in subdivision (a) was changed from 'sell or lease, at fair market value, sell, exchange, or lease' to simply 'sell, exchange, or lease,' removing both the explicit fair market value requirement and the below-market-value exception, leaving pricing entirely to the director's discretion under the best-interest-of-the-state standard.

Removed procedural notations (Vote: 2/3, Fiscal committee: yes, State-mandated local program: no) and reformatted the bill into standard enrolled format with chapter heading and governor approval block.

Header changed from enrolled bill format (tracking passage dates by Senate and Assembly) to formal chapter format with 'STATE OF CALIFORNIA AUTHENTICATED ELECTRONIC LEGAL MATERIAL' and Chapter 759 designation.

Legislative counsel's digest and statutory text (Sections 1 and 2) are substantively identical but reformatted with different line breaks and indentation. Page numbers shifted from 95 to 94 due to layout changes.

Governor approval date filled in: October 13, 2025, and filing date with Secretary of State confirmed as the same day.

Added 'exchange' as a permitted disposition method. The Director of General Services may now sell, exchange, or lease the property, not just sell or lease it. This gives the state more flexibility in structuring the transaction with the City of Imperial.

The CEQA (California Environmental Quality Act) exemption was expanded to cover 'sale, exchange, or lease' rather than just 'sale or lease,' consistent with the new exchange option.

Removed the amendment to Government Code Section 16418, which would have created a new subdivision (f) specifying that moneys in the Special Fund for Economic Uncertainties attributable to the sale under Section 11011.32 would not be continuously appropriated and would require a separate legislative appropriation before spending. Without this restriction, proceeds follow the fund's normal continuous appropriation rules.

The bill's appropriation status changed from 'no' to 'yes,' reflecting that depositing proceeds into the Special Fund for Economic Uncertainties now constitutes an appropriation under the revised bill structure.

Changed from a mandatory quitclaim deed at no cost to the city to a discretionary sale or lease at fair market value on terms the Director of General Services determines are in the state's best interest. The director now has discretion over whether to sell or lease and on what terms.

Removed the requirement that the City of Imperial must use the property as a police station for the Imperial Police Department. The city is no longer bound to a specific use.

Added appropriation language: the bill title now states it makes an appropriation, and the digest confirms that depositing proceeds into the Special Fund for Economic Uncertainties constitutes an appropriation. The appropriation flag changed from 'no' to 'yes.'

Changed the required vote threshold from a simple majority to a two-thirds majority for passage of the bill.

Removed the legislative finding that the transfer does not constitute a gift of public funds under Section 6 of Article XVI of the California Constitution. This finding was likely unnecessary once the transaction moved to fair market value.

The bill title changed from 'State surplus real property' to 'State real property,' removing the characterization of the property as surplus, which is consistent with the shift from a free disposition to a market-value transaction.

Changed from a mandatory quitclaim (free transfer) of the property to the City of Imperial to an optional sale or lease at fair market value, with terms and conditions determined by the Director of General Services in the state's best interest.

New subdivision (c) allows the director to set a purchase or lease price below fair market value if the discount will enhance public safety and facilitate the state in addressing historic pollution (fuel storage, asbestos, and other factors) at the property.

New subdivision (b) requires that all issuer-related and trustee-related costs for reviewing the sale or lease, plus defeasance or retirement of any bonds (including nationally recognized bond counsel), be paid from the proceeds of the sale or lease.

New Section 2 amends Government Code Section 16418 to specify that moneys in the Special Fund for Economic Uncertainties attributable to the sale of this property are not continuously appropriated and are available for expenditure only upon appropriation by the Legislature.

New subdivision (e) specifies that net proceeds of the sale or lease shall be deposited pursuant to subdivision (g) of Section 11011 (the Special Fund for Economic Uncertainties).

New subdivision (d) exempts the sale or lease of the property from Division 13 of the Public Resources Code (CEQA).

Added an Assessor's Parcel Number (APN 064-443-010) to the property description and clarified the property is 'real property.'