Property: conveyance of state property; transfer of certain state-owned property in Kent County; provide for. Creates land transfer act.

SB 452 authorizes the transfer of a specific 0.586-acre parcel of state-owned property (located at 345 Northland Drive, Rockford, Michigan) currently managed by the Department of State Police. The bill establishes procedures for selling or transferring this property to local governments or other entities, requiring fair market value appraisals and allowing below-market sales to local governments with a 30-year public use restriction. Revenue from sales must go to the state general fund, and the state retains 50% of future oil/gas royalties from the property. This primarily affects state departments managing the property (like Technology, Management, and Budget) and potential local government buyers in Kent County.