The proposed bill, if enacted, would amend current statutes regarding the management of state properties, specifically updating the reporting requirements for rental fee exemptions and establishing rental rates for state-owned buildings. Under the new provisions, the Arizona Department of Administration (ADOA) would be required to submit a report to the Joint Legislative Budget Committee (JLBC) by June 30 each year, detailing all rental fee exemptions authorized in the prior year, replacing the previous requirement to report proposed exemptions before authorization. Additionally, the bill would maintain the rental rates for state-owned buildings at $17.87 per square foot for office space and $6.43 per square foot for storage space for the fiscal year 2025-2026.

Furthermore, the bill would correct the boundary description of state sovereign land transferred from the Arizona State Land Department to Bullhead City, ensuring accurate legal descriptions in the statutes. The changes aim to streamline the management of state properties and ensure compliance with budgetary requirements while maintaining transparency in the reporting of rental fee exemptions. Overall, these updates reflect a shift towards more efficient management practices within state property administration.

Statutes affected:
Introduced Version: 41-792.01
Senate Engrossed Version: 41-792.01
Chaptered Version: 41-792.01