The proposed bill, if enacted, would amend current statutes regarding the management of state properties in Arizona. Specifically, it would replace the existing requirement for the Arizona Department of Administration (ADOA) to report proposed rental fee exemptions to the Joint Legislative Budget Committee (JLBC) with a new mandate that ADOA must submit an annual report by June 30 detailing all rental fee exemptions authorized in the previous year. Additionally, the bill would maintain the established 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 reporting processes and clarify property management regulations, thereby facilitating the implementation of the FY 2026 state budget. The bill would take effect on the general effective date, aligning with the state's legislative procedures.

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