This bill requires local governments to hold a public hearing prior to entering into a lease with a private entity for nongovernmental purposes. It further requires the local government to post the hearing notice in the legal organ at least 15 days to the hearing which includes the location of the property, current use and proposed use. Additionally, the bill requires local governments to adopt procedures and policies on how these hearing should be conducted, including presentation requirements. In addition to adopting policies and procedures, the local government is also required to create standards on leasing public property to private entities for a nongovernmental purpose. All code requirements shall also apply to the property as it applies to any other governmental property, but the property is not exempt from any local government zoning requirements unless specifically stated in law.