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IN HB1625
Bill
Status
1/22/2015
Primary Sponsor
David Wolkins
Click for details
AI Summary
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Defines "business entity" as any legal person requesting facility leases, excluding persons operating businesses under the federal Randolph-Sheppard Act.
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Expands the definition of "facility" to include office space, storage space, parking garages or lots, and other property usable by agencies or business entities.
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Authorizes the Department of Administration to lease state-owned or state-leased facilities to business entities when determined necessary or beneficial, and requires business entities using such facilities to enter into lease agreements with the department.
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Mandates lease agreements include provisions requiring business entities to pay market-rate rent, cover utility costs, and provide bonding or liability insurance covering losses from their facility use.
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Requires the department to establish leasing guidelines and submit all lease agreements to the attorney general for review before execution to create binding contracts.
Legislative Description
Lease of state facilities to business entities. Requires the department of administration (department) to establish uniform standards for leasing state facilities under the control of the department and used by business entities. Authorizes the department to lease state facilities to business entities as the department determines necessary or beneficial to the state. Requires that any facility under the control of the department and used by a business entity must be leased from the state by the business entity. Requires certain provisions in a lease between the department and a business entity.
Last Action
First Reading: referred to Committee on Government and Regulatory Reform
1/22/2015