§ 63A-5b-703 — Agency lease payments.

(1) (1)(a) Beginning July 1, 2020, the division shall implement a program to charge agencies, except institutions of higher education, lease payments for the agency's use and occupancy of space within a building.
(1)(b) Before July 1, 2020, the division shall:
(1)(b)(i) conduct a market analysis of market lease rates for comparable space in buildings comparable to division-owned buildings; and
(1)(b)(ii) establish lease rates for an agency's use and occupancy of a division-owned building.
(1)(c) The lease rates shall be:
(1)(c)(i) consistent with market rates for comparable space in comparable buildings;
(1)(c)(ii) calculated to cover:

(1)(c)(ii)(A) an amortized amount for capital replacement;
(1)(c)(ii)(B) an amount for capital improvements; and
(1)(c)(ii)(C) operation and maintenance costs; and
(1)(c)(iii) in proportion to legislative appropriations.
(2) In making appropriations to cover lease payments under this section, the Legislature shall create a line item, as defined in Section 63J-1-102, for each agency to fund the lease payments.

Legislative History

Enacted by Chapter 152, 2020 General Session