Current through 2024 Regular Session legislation effective June 6, 2024
Section 182.435 - Schedule of reduction from fair rental value(1) Each agency providing housing for its officers or employees may adopt a schedule of reductions from the fair rental value taking into account all pertinent factors including but not limited to: (a) Isolation, for which a reduction of up to 20 percent of the fair rental value may be allowed;(b) Invasion of privacy, for which a reduction of up to 30 percent of the fair rental value may be allowed;(c) The agency's need in having its officers or employees occupying housing in a specific location, for which a reduction of up to 50 percent of fair rental value may be allowed; and(d) Inequities between the fair rental value and the salary of the officer or employee, for which an amount may be allowed that when added to any other reductions corrects the inequity.(2) Each agency providing housing shall prepare a report indicating the fair rental value of each housing unit, the date of the most recent appraisal and the amount of any reductions from fair rental value with the reasons for the reductions. This report shall be available for public inspection. 1971 c.575 §3; 1977 c.583 §5; 1993 c.276 §3