(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.
(b) Before July 1, 2020, the division shall:
- (i) conduct a market analysis of market lease rates for comparable space in buildings comparable to division-owned buildings; and
- (ii) establish lease rates for an agency's use and occupancy of a division-owned building.
(c) The lease rates shall be:
- (i) consistent with market rates for comparable space in comparable buildings;
(ii) calculated to cover:
- (A) an amortized amount for capital replacement;
- (B) an amount for capital improvements; and
- (C) operation and maintenance costs; and
- (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.
Enacted by Chapter 152, 2020 General Session