Bill > SB1615

This bill establishes a State Property Review Board composed of two members with commercial real estate experience appointed by the governor, one member appointed by the president of the senate, one member appointed by the speaker of the house of representatives, and the director of the department of administration (or their designee) as a nonvoting advisor. Beginning January 1, 2027, this board will conduct a comprehensive audit of all real property owned by the department of administration or any other state agency, excluding land held in trust by the state land department. Properties found to be underutilized, with a use rate below sixty percent of their intended capacity, will be designated as "Surplus Property" and placed on a "Mandatory Disposal List." These properties must then be sold at public auction within twelve months of being listed, with the net proceeds going directly to the state general fund, and no other laws can prevent or delay these sales. The legislature finds that due to changes in workforce dynamics, many state-owned administrative facilities are underused, leading to unnecessary costs, and selling these properties is a fiscally responsible way to generate capital.

Government Affairs

https://apps.azleg.gov/BillStatus/BillOverview/85246