PREFILED    JAN 05 2024

REFERENCE TITLE: state trust lands; technical correction

 

 

 

 

State of Arizona

House of Representatives

Fifty-sixth Legislature

Second Regular Session

2024

 

 

 

HCR 2004

 

Introduced by

Representative Kolodin

 

 

 

 

 

 

 

 

A Concurrent Resolution

 

proposing an amendment to the Constitution of Arizona; amending article X, section 4, Constitution of Arizona; relating to state trust lands.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 


Be it resolved by the House of Representatives of the State of Arizona, the Senate concurring:

1. Article X, section 4, Constitution of Arizona, is proposed to be amended as follows if approved by the voters and on proclamation of the Governor:

START_STATUTE4. Sale or other disposal of trust lands; conditions

Section 4. A. All lands held in trust pursuant to this article, and all lease-holds, timber, and other products of trust land, before being offered for sale or disposal, shall be appraised at their true value. , and

B. No sale or other disposal thereof of trust land shall be made:

1. For a consideration less than the value so ascertained, nor in any case less than the minimum price hereinafter fixed. , nor

2. Upon credit unless accompanied by ample security. , and

C. The legal title shall not be deemed to have passed until the consideration shall have has been paid. END_STATUTE

2. The Secretary of State shall submit this proposition to the voters at the next general election as provided by article XXI, Constitution of Arizona.