Existing law authorizes the Director of General Services, with the approval of the Adjutant General, to lease and sell real property held for armory purposes, subject to legislative approval. Existing law establishes the Armory Fund and requires that all proceeds from the sale or lease of armories be deposited into the fund for use, upon appropriation by the Legislature, for specified purposes related to armories. This bill would authorize the Director of General Services, with the approval of the Adjutant General, to transfer, exchange, or sell specified armories throughout the state, subject to the above-mentioned provisions.