A draft federal law aimed at establishing the specifics of preparing and holding an electronic auction for the sale of a land plot passed the second reading
On September 27, 2022, the draft federal law No. 758964-7 “On Amendments to the Land Code of the Russian Federation and Certain Legislative Acts of the Russian Federation” passed the second reading.
The draft law amends the Land Code of the Russian Federation aimed at establishing the specifics of preparing and holding an electronic auction for the sale of a land plot owned by state or municipal property, or an auction for the right to conclude a lease agreement for such a land plot.
The State Duma Committee on Natural Resources, Property and Land affairs supported this draft law, since holding auctions for the provision of land plots for rent or property in electronic form not only meets the goals of increasing the openness, transparency and accessibility of these auctions, reducing the costs of their conduct, but also corresponds to the direction of digitalization of the economy and counteracting the spread of coronavirus infection.