HB 2720-S - DIGEST
(DIGEST AS ENACTED)
Provides that state agencies may lease real property to a consortium of three or more counties in order for the counties to construct or otherwise acquire correctional facilities for juveniles or adults.
Provides that the lease shall not charge more than one dollar per year for the land value or facilities value, but the lease may include provisions for payment of any reasonable operation and maintenance expenses incurred by the state.
Requires the lease to charge the fair rental value after an initial twenty year period.
Requires the net proceeds from the lease to be used solely for the benefit of eastern state hospital programs for the long-term care needs of patients with mental disorders.