For fiscal year 2026-2027, this law sets rental rates for state-owned buildings at $17.87 per square foot for office space and $6.43 for storage space, requires reports on sales of state property in the governmental mall, and allows a privately funded plaque honoring the Arizona America 250 commission.
Official title: state properties; management; 2026-2027
- September 12, 2026
- Applies in fiscal year 2026-2027: Rental rates for state-owned buildings and reports on state property sales in the governmental mall
- Plaque provisions repealed after September 30, 2029: Arizona America 250 commission plaque section
What changes
BeforeCapital outlay stabilization fund rental rates for state-owned buildings were set under the usual state law provision (the text does not show the amounts).
NowIn fiscal year 2026-2027, the rates are $17.87 per square foot for office space and $6.43 per square foot for storage space.
-
NowIn fiscal year 2026-2027, within 10 days after selling state-owned real property within the governmental mall, the Department of Administration must report the address, square footage, purchase price and the fund receiving the sale money to the Senate president, House speaker and the director of the Joint Legislative Budget Committee.
-
NowThe Legislative Council is authorized to provide for placing a plaque in the governmental mall recognizing the Arizona America 250 commission, which may list members' names and years of service, following the existing procedures for such memorials.
-
NowNo public money may be used for the plaque. Its supporters are solely responsible for fundraising and design and construction contracts, and the state may not help raise funds or create a state fund for the money.
Who it affects
- Supporters of an Arizona America 250 commission plaque
- State agencies that rent space in state-owned buildings
- Arizona Department of Administration
- Legislative Council
- Legislative leaders and the Joint Legislative Budget Committee
What you need to do
Nothing.
What the law doesn't answer
- What the rental rates were before this law or would be without it
- Whether any state property in the governmental mall is planned for sale
- Where in the governmental mall the plaque would go or what it would cost
- Who the proponents of the plaque are
This summary describes the law as enacted. Later laws, court rulings or referendum petitions can change the picture. Check the official text for the current wording.