state properties; management; 2026-2027

This bill sets specific rental rates for state-owned buildings in Arizona for the 2026-2027 fiscal year, establishing a charge of $17.87 per square foot for office space and $6.43 per square foot for storage space. Additionally, it requires the Department of Administration to submit a detailed report within ten days of selling any state property located in the governmental mall, listing the address, square footage, sale price, and the fund receiving the proceeds. The legislation directly affects the state's management of its real estate assets and the legislative leadership who receive the required sales reports.