HB694 (2025) Compare Changes


The Bill Text indicates a new section is being inserted. This situation is not handled right now, and the new text is displayed in both the changed and unchanged versions.

Unchanged Version

Text to be removed highlighted in red.

1 New Section; Fair Market Value of State Agency Leases. Amend RSA 4 by inserting after section 39-f the following new section:

4:39-g Fair Market Value Of State Agency Leases.

I. Any renewal of a lease for land, buildings, or space between a political subdivision and the state shall be renewed at a fair market rate, unless otherwise agreed upon by the lessor. Additional expenses, including but not limited to utilities and custodial services, shall be negotiated separately.

II. This section shall not apply to any state agency whose lease of land, buildings, or space was procured through the use of a competitive selection or bidding process.

2 Effective Date. This act shall take effect 60 days after its passage.

Changed Version

Text to be added highlighted in green.

1 New Section; Fair Market Value of State Agency Leases. Amend RSA 4 by inserting after section 39-f the following new section:

4:39-g Fair Market Value Of State Agency Leases.

I. Any renewal of a lease for land, buildings, or space between a political subdivision and the state shall be renewed at a fair market rate, unless otherwise agreed upon by the lessor. Additional expenses, including but not limited to utilities and custodial services, shall be negotiated separately.

II. This section shall not apply to any state agency whose lease of land, buildings, or space was procured through the use of a competitive selection or bidding process.

2 Effective Date. This act shall take effect 60 days after its passage.