PUBLIC LANDS: Authorizes the transfer of certain state property in Ascension Parish. (gov sig)

This bill authorizes the transfer of a specific 3.42-acre state-owned parcel in Ascension Parish to a company called Priceco, L.C. The state retains ownership of the mineral rights under the land while giving up the surface rights for the property. Officials from the Department of Administration and the Department of Public Safety and Corrections are permitted to sign the necessary agreements and set any conditions for the transfer. The transaction must involve payment based on the property's appraised value, and the law takes effect once the governor signs it or after the legislative session ends without a veto.