AZ SB1270

Amends section 41-1272, Arizona Revised Statutes, to expand the Joint Legislative Budget Committee's (JLBC) fiscal note requirements.

Requires fiscal notes on bills with fiscal impact to reflect not only state budget effects but also significant impacts on the private sector economy, when practicable.

Updates statutory language by replacing archaic terms such as "which" with "that" and "upon" with "on" throughout the section.

Clarifies that the JLBC's fiscal analysis system applies to bills "that are introduced" rather than existing language regarding rule implementation.