AB 2498: Exempt surplus land: surplus land subject to a valid legal restriction.

<p>The bill aims to amend the government code to clarify the definition of "exempt surplus land" for local government agencies. Existing law defines "exempt surplus land" as land subject to a valid legal restriction that prohibits housing, unless a feasible method can mitigate or avoid the prohibition. The bill would specifically include option agreements as valid contractual obligations or restrictions, allowing them to be considered exempt surplus land.</p>