Assigned to NREW &                                                                                                                FOR COMMITTEE

 

 


 

 

ARIZONA STATE SENATE

Fifty-Third Legislature, Second Regular Session

 

FACT SHEET FOR S.B. 1038

 

state land sales; payment method

 

Purpose

 

Allows purchasers of state land to use any form of payment approved by the State Land Commissioner (Commissioner).

 

Background

 

The State Land Department (SLD) oversees approximately 9.2 million acres of state trust land, as well as the natural products derived from the land. The SLD purpose is to manage the trust land and maximize revenues for its 13 beneficiaries, the largest of which is K-12 schools.

 

Statute allows the Commissioner to impose application and administrative fees. The Commissioner may accept payment for these fees in the form of credit and charge cards, debit cards and electronic transfers (A.R.S. §§ 37-107 & 37-109).

 

Statute defines state land as any land owned or held in trust, or otherwise, by the state. Current law prohibits the Commissioner from accepting forms of payment other than cashier's check for the purchase of state land (A.R.S. §§ 37-101 & 37-241).

 

There is no anticipated fiscal impact to the state General Fund associated with this legislation.

 

Provisions

 

1.      Allows the Commissioner to accept alternative forms of payment in addition to cashier's checks for state land sales.

 

2.      Makes technical and conforming changes.

 

3.      Becomes effective on the general effective date.

 

Prepared by Senate Research

January 16, 2018

KK/IC/lat