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 of land, buildings, or space to be used by any state agency, as defined in RSA 21-G:5, III, shall be renewed at a fair market rate, unless otherwise agreed upon by the lessor.
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.
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 of land, buildings, or space to be used by any state agency, as defined in RSA 21-G:5, III, shall be renewed at a fair market rate, unless otherwise agreed upon by the lessor.
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.