The bill mandates the commissioner of administration to prepare a report by February 15, 2026, focusing on vacant state office space. This report will catalog both owned and leased office spaces, detailing the extent of vacancy and exploring the potential for converting these spaces into housing. Additionally, it will assess the revenue that could be generated for the state through the rental or sale of any repurposed properties.

To facilitate this report, the commissioner is authorized to obtain cost estimates for the conversion of vacant office spaces and to contract for a study on real estate market conditions. This study will help evaluate the potential revenue that could be returned to the state from these initiatives.