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AZ HB2572
Bill
Status
1/18/2012
Primary Sponsor
Justin Olson
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AI Summary
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Requires each state budget unit to submit a summary by September 1 each year detailing all monies spent or passed through during the preceding fiscal year and projections for the current fiscal year.
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Mandates the budget summary be organized by major product and service categories with unit costs for each individual product and service, with totals matching overall spending or projections.
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Imposes a penalty reducing the appropriation of any budget unit failing to submit the required summary by at least 10 percent of the prior fiscal year's allocation.
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Excludes the Arizona Board of Regents and universities under its jurisdiction from the budget submission requirements.
Legislative Description
State agencies; budget submission
Last Action
Referred to House APPROP Committee
1/19/2012