(a) The Department of Finance shall charge reasonable rent for the use and occupancy of any building owned by the state located in the Capitol complex and maintained by the Department of Finance or any other building maintained by the Department of Finance now or in the future. The Director of Finance shall establish such rent at rates which shall not be more than an amount sufficient to pay the reasonable costs of operation, maintenance, repair, renovation and any other necessary expenses.
(b) All rents collected, and income earned from such rents, under the provisions of this section shall be deposited into a revolving fund in the State Treasury designated as the Capitol Complex Maintenance and Repair Fund, and the Director of Finance is authorized to make deposits and expenditures from time to time from such fund for said purposes.
Structure Code of Alabama
Chapter 4 - Department of Finance.
Article 1 - General Provisions.
Section 41-4-2 - General Purpose of Department; Seal.
Section 41-4-3 - Duties of Department Generally.
Section 41-4-3.1 - Monthly Reports on Condition of General Fund and Education Trust Fund.
Section 41-4-4 - Certain Appropriations to Be Expended by Department.
Section 41-4-5 - Appointment of Employees; Officers and Employees Subject to Merit System.
Section 41-4-6 - Oath of Office and Full-Time Service of Officers and Chiefs of Divisions.
Section 41-4-7 - Bonds of Comptroller, Purchasing Agent, Chiefs of Divisions of Department, Etc.
Section 41-4-9 - Grants Received From the Federal Government.
Section 41-4-8 - Powers and Duties of Department as to Educational and Eleemosynary Institutions.
Section 41-4-10 - Use of Funds in Sinking Fund - Purchase and Holding in Trust of State Bonds.
Section 41-4-13 - Use of Funds in Sinking Fund - Deposit of Funds in Savings Banks.
Section 41-4-15 - Use of Funds in Sinking Fund - Sinking Fund Not to Be Diverted From Its Object.