{"data":{"id":"us-md/md.-code-state-finance-and-procurement-12-205","jurisdiction":"us-md","citation":"Md. Code, State Finance and Procurement § 12–205","heading":"","body":"(a) This section does not apply to a lease entered into on or before May 31, 1967, unless the lease is renewed after that date.\n(b) An appropriation may not be obligated or spent for the lease of a building or part of a building to be occupied by the State or a unit of the State government for a State purpose at an annual rent that exceeds 15% of the fair market value of the leased premises on the date of the lease.","path":["Article - State Finance and Procurement"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf\u0026section=12-205","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:48Z","sha256":"1f19285097fa5cdceabc829aaa5a90efaf6991f8dbb709888fd482f5cfda0e57","source_id":"us-md","stale":false,"prev":"us-md/md.-code-state-finance-and-procurement-12-204","next":"us-md/md.-code-state-finance-and-procurement-12-301"},"notice":"GroundRules: Original legal text. Not legal advice."}