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ARIZONA STATE SENATE
Fifty-Seventh Legislature, Second Regular Session
state properties; management; 2026-2027.
Purpose
Makes session law changes relating to the management of state properties necessary to implement the FY 2027 state budget.
Background
The Arizona Constitution prohibits substantive law from being included in the general appropriations, capital outlay appropriations and supplemental appropriations bills. However, it is often necessary to make statutory and session law changes to effectuate the budget. Thus, separate bills called budget reconciliation bills (BRBs) are introduced to enact these provisions. Because BRBs contain substantive law changes, the Arizona Constitution provides that they become effective on the general effective date, unless an emergency clause is enacted.
S.B. 1860 contains the budget reconciliation provisions for changes relating to state properties.
Provisions
1.
Continues to set the Capital Outlay Stabilization Fund square-footage
rental rates for
state-owned buildings at $17.87 for office space and $6.43 for storage space in
FY 2027.
2. Requires the Arizona Department of Administration in FY 2027, within 10 days after the sale of state-owned real property within the Governmental Mall, to submit a report to the Senate President, the Speaker of the House of Representatives and the Director of the Joint Legislative Budget Committee that includes the:
a) address of the real property;
b) square footage of the real property;
c) purchase price of the real property; and
d) name of the fund in which the proceeds from the sale of the real property are being deposited.
3. Becomes effective on the general effective date.
Prepared by Senate Research
June 8, 2026
AN/KP/hk