Bill Text: AZ SCR1004 | 2011 | Fiftieth Legislature 1st Regular | Introduced

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Bill Title: State trust lands; technical correction

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2011-01-11 - Referred to Senate RULES Committee [SCR1004 Detail]

Download: Arizona-2011-SCR1004-Introduced.html

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PREFILED    JAN 04 2011

REFERENCE TITLE: state trust lands; technical correction

 

 

 

State of Arizona

Senate

Fiftieth Legislature

First Regular Session

2011

 

 

SCR 1004

 

Introduced by

Senator Barto

 

 

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.