It is enacted by the General Assembly as follows:

SECTION 1. Chapter 37-8 of the General Laws entitled "Public Buildings" is hereby amended by adding thereto the following section:

{ADD 37-8-1.5. Bristol County Courthouse. -- ADD} {ADD The state of Rhode Island has determined that it no longer needs the property and building thereon which once served the people as the Bristol County Courthouse and as a state house. Therefore, the director of the department of administration is hereby authorized and empowered to convey the state's interest in the real property, the buildings thereon and fixtures, located in the town of Bristol and commonly known as the "Bristol County Courthouse" to the Bristol Statehouse Foundation, a Rhode Island non-business corporation. The consideration for said sale shall be one dollar ($1.00) paid by the Bristol Statehouse Foundation to the state. The deed conveying said property shall contain covenants relating to the preservation thereof and a reverter in the event said Bristol Statehouse Foundation, or legal successor thereto, ceases to exist. ADD}

SECTION 2. This act shall take effect upon passage.