new text begin Rental rate. new text end

new text begin (a) "Rental rate" means the percentage applied to the allowable value of the building, moveable, and fixed equipment per year in the property payment rate calculation. new text end

new text begin (b) The rental rate is the sum of the 20-year treasury bond rate as published in the Federal Reserve Bulletin using the average for the calendar year preceding the rate year based on data publicly available on November 1 each year, plus a risk value of three percent. new text end

new text begin (c) Regardless of the result in paragraph (b), the rental rate must not be less than 7.5 percent or more than 12 percent. new text end