HB 2624 Summary

• Appropriates $12,000,000 from the state general fund to the Arizona Health Care Cost Containment System for graduate medical education in fiscal year 2016-17.

• Appropriates $121,747,400 from the state general fund to the Department of Education for district assistance ($40 million), JTED restoration and full funding ($31,747,400), starting teacher retention bonuses ($35 million), and teacher mentoring programs ($15 million).

• Appropriates $57,000,000 from the state general fund to the Arizona Board of Regents for performance-based distribution to the three state universities in fiscal year 2016-17.

• Appropriates $8,000,000 from the state general fund to the Arizona Board of Regents for distribution to the University of Arizona for the Oro Valley veterinary medicine program.

• Appropriates $20,000,000 from the state general fund to the Financial Aid Trust Fund in fiscal year 2016-17.