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HB 4167

state properties; management; 2026-2027

57th Legislature - Second Regular Session Introduced by Michael Carbone and 4 co-sponsors

Sets fixed FY2027 rental rates for state office and storage space and requires rapid reporting (within 10 days) of sales of state governmental mall properties.

Signed by Governor
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Bill Summary · HB 4167

Purpose and intent

HB 4167 is an appropriations-related measure focusing on the management of state-owned properties in Arizona, with specific provisions for fiscal year 2026-2027 (FY 2027). The bill establishes fixed rental rates for property managed under the Capital Outlay Stabilization Fund and requires timing-specific reporting on the sale of state real property located within Arizona’s governmental mall.

Key provisions

  • Rental rates for state-owned buildings (FY 2027):

    • Office space: $17.87 per square foot.
    • Storage space: $6.43 per square foot.
    • These rates are set "notwithstanding" the standard statutory provision (41-792.01, D), effectively overriding that statute for FY 2026-2027 to establish fixed rates.

  • Reporting on sale of state buildings in the governmental mall (FY 2027):

    • When Arizona-owned real property within the governmental mall (as defined by § 41-1362, ARS) is sold, the Arizona Department of Administration must file a report within 10 days of the sale.
    • The report must be directed to the President of the Senate, the Speaker of the House, and the Director of the Joint Legislative Budget Committee, and include: 1) Property address.
      2) Square footage.
      3) Purchase price.
      4) The fund into which the sale proceeds are deposited (the “fund receiving the sale proceeds”).

Who/what is affected

  • State agencies and departments managing state-owned buildings, particularly the Department of Administration, which administers property and rental rates under the Capital Outlay Stabilization Fund.
  • Property owners and lessees of state-owned office and storage spaces categorized under the Capital Outlay Stabilization Fund, who would be subject to the established rental rates for FY 2027.
  • Legislative entities (President of the Senate, Speaker of the House, and the Joint Legislative Budget Committee) who will receive mandatory sale reports for property within the governmental mall.

Procedural and timeline aspects

  • Effective period for rates: FY 2027 (state-owned building rental rates fixed for that fiscal year).
  • Reporting deadline: For each sale of qualifying property in FY 2027, the Department of Administration must submit the specified report within 10 days after the sale.

Notes

  • The bill appears to function as a budget-aligned adjustment, providing specific fixed rental rates for a defined period and enhancing transparency around the sale of government real property within the governmental mall.
  • The accompanying analysis indicates the measure is connected to reconciling appropriations for FY 2027 and ensuring timely reporting of real property transactions.

Compiled from official sources — confirm details with the bill’s official record.

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