Requires the department of fish and wildlife and the parks and recreation commission to give consideration to economic development opportunities for certain real property under its control when deciding how to most advantageously use the property.

Requires the board of natural resources to give consideration to economic development opportunities for certain public lands under its control when deciding how to most advantageously manage property.

Requires the department of natural resources to develop and the board of natural resources to implement a plan to divest the state of certain state lands and state forest lands.

Requires the state investment board to work with the board of natural resources to implement the state land divestiture plan and ensure that revenue produced from the ensuing land sales are accounted for and managed.

Authorizes the attorney general to condemn land owned by the federal government that is forested or available for active forestry uses.

Requires the board of natural resources, in implementing the divestiture plan, to ensure that land sales are awarded to the highest private sector bidder.