ASSET Act: Leasing state property for development, energy efficiency in purchases, and space utilization.

The ASSET Act allows the Department of Administrative Services to lease state-owned real property for development, including infrastructure improvements and commercial activities. It mandates energy-efficient purchasing practices for state agencies and higher education institutions, aiming for fleet average fuel economy standards. The act also requires a comprehensive space utilization study to consolidate state agency leases into a new facility. Additionally, it establishes the Camp Perry/Buckeye Inn Operations Fund to manage revenues from state facilities.

ASSET Act: Leasing state property for development, energy efficiency in purchases, and space utilization.

The ASSET Act allows the Department of Administrative Services to lease state-owned real property for development, including infrastructure improvements and commercial activities. It mandates energy-efficient purchasing practices for state agencies and higher education institutions, aiming for fleet average fuel economy standards. The act also requires a comprehensive space utilization study to consolidate state agency leases into a new facility. Additionally, it establishes the Camp Perry/Buckeye Inn Operations Fund to manage revenues from state facilities.