Measure Title: | RELATING TO REAL PROPERTY LEASE CONTRACTS. |
Report Title: | Real Property Leases; Renegotiation |
Description: | Requires, in leasehold renegotiations, that a rent based on fair market value shall apply even if the value is lower than existing rent and the lease contract bars the lowering of rent upon renegotiation. Allows a one-time rent adjustment to reflect fair market value for any existing lease renegotiated after January 1, 1990. |
Package: | None |
Companion: | |
Introducer(s): | SAY (BR) |
Current Referral: | CPC, FIN |
Date | Status Text | |
---|---|---|
1/22/2003 | H | Introduced |
1/24/2003 | H | Pass First Reading |
1/27/2003 | H | Referred to CPC, FIN, referral sheet 4. |
8/21/2003 | D | Carried over to 2004 Regular Session |
$ = Appropriation measure
ConAm = Constitutional Amendment