Georgia Health Sciences University had requested the property for use as a campus after its merger with Augusta State University. Officials from the combined schools have said no specific uses have been determined.
Some local leaders have called for part of it to house a stadium for the Augusta GreenJackets, but the University System agreed not to use the land for any commercial activities until the bonds sold to buy the property originally are paid off in three years.
The House passed the measure at 11:30 p.m., 30 minutes before the General Assembly adjourned.
The resolution awaits the governor's signature.