(a) The Building Authority Division of the Department of Finance and Administration shall:
(1) Perform a compilation of all real property owned by state agencies, including boards, commissions, and institutions of higher education, the Arkansas State Game and Fish Commission, the Arkansas Department of Transportation, and the State Highway Commission;
(2) Create a database that shall include a description of each piece of real property owned; and
(3) Maintain the database with current information.
(b) The initial compilation of all real property shall be completed by January 1, 2002.
(c) All state agencies identified in subdivision (a)(1) of this section shall provide the necessary information to the division.
(d) The division, in accordance with the Arkansas Administrative Procedure Act, § 25-15-201 et seq., may adopt rules necessary to administer the provisions of this section.
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