Assembly Bill 151, which would authorize the Department of General Services to study whether it makes sense to sell the Board of Equalization's Sacramento headquarters, is up for a Senate floor vote.
The measure would have DGS to report its findings to the Legislature by April 1, 2011.
The bill, sponsored by the board and authored by Assemblyman Dave Jones, D-Sacramento, is the latest installment of the ongoing battle between Equalization and General Services over whether the building is fit for use by the tax-collecting agency. The 450 N Street building has a long history of problems, from mold infestation and faulty plumbing to malfunctioning elevators and leaking windows.
The state has poured $15.5 million into repairing the windows and $10 million more on mold remediation. So far.
BOE also says it has outgrown the 24-story building.
DGS, which acts as both the state's property manager/landlord and its real estate agent, hasn't been eager to find another home for BOE. The state bought the building from CalPERS in 2006, shortly before commercial real estate market tanked. If it goes vacant, DGS will face finding a buyer or a least another tenant for the most well-known dysfunctional building in Sacramento.
Click here to read the bill analysis, which includes a detailed history of the building and the battle between BOE and DGS.