AZ HB2525

Amends Arizona Revised Statutes Section 15-1474 regarding community college district expenditure limitations.

Allows community college districts to exceed their constitutional expenditure limitation without penalty if the overage results from bookstore revenue or public-private partnership agreement revenue.

Prohibits withholding of state aid under Section 15-1466 when expenditure limitations are exceeded for these specific reasons.

Establishes a $100 penalty (rather than withholding state aid) as the sole consequence for exceeding expenditure limitations due to bookstore revenues or public-private partnership revenues.