The bill mandates the commissioner of administration to prepare a report by February 15, 2026, focusing on vacant state office space. This report will be submitted to the chairs and ranking minority members of the legislative committees that oversee the budget of the Department of Administration. It will include a catalog of office space owned or leased by the state, detailing the extent of vacancy and exploring the potential for converting this space into housing. Additionally, the report will assess the revenue that could be generated for the state through the rental or sale of any repurposed properties.

To facilitate this process, the commissioner is authorized to obtain cost estimates for converting vacant office space into housing 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 the repurposed properties. The bill aims to address the issue of vacant state office space while exploring opportunities for housing and revenue generation.