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AZ SB1352
Bill
Status
2/4/2013
Primary Sponsor
Chester Crandell
Click for details
AI Summary
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Amends Arizona Revised Statutes section 15-342 to add a new discretionary power for school district governing boards regarding property leases with qualified nonprofit corporations.
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Allows school districts to lease school buildings or sites to and from qualified nonprofit corporations whose primary mission is to serve elementary and secondary education without requiring voter approval.
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Requires that at the end of the lease term, all improvements to the school property revert to the school or school district without further payment or compensation.
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Applies only to transactions with nonprofit corporations meeting the specified educational mission requirement and does not affect other lease authorization procedures.
Legislative Description
School leases; nonprofit corporations
Last Action
Referred to Senate RULES Committee
2/14/2013