Legislature advances bill allowing some long‑term government tenants to renew at appraised fair market value despite procurement objections Bill 176-38 COR, which would let tenants in good standing extend commercial leases up to 15 years at appraised fair market rents (appraiser paid by tenant, five‑year reappraisals), was moved to third reading after heated debate over procurement law and examples raised in committee testimony.

A controversial bill is advancing that could allow long-term government tenants to secure lease extensions at fair market value, but not without pushback over potential "sweetheart deals."

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