AZ SB1299

Adds definition of "substitute check" to Arizona law as a paper reproduction of an original warrant or check created from an electronic image that meets industry standards for automated processing.

Updates Arizona Revised Statutes Title 35 (Public Finances) to recognize "checks" and "substitute checks" alongside traditional warrants in financial transactions and payments.

Modernizes financial terminology throughout state finance law by replacing outdated language with current terms like "monies" instead of "money" and "ensure" instead of "assure."

Authorizes the state treasurer and department of administration to issue and process checks, substitute checks, and electronic funds transfer vouchers in addition to traditional warrants for state disbursements.

Applies substitute check provisions to various financial procedures including treasurer's warrant notes, investments, bond payments, and collateral requirements for state deposits.