HB 2267 Summary

• Requires regulatory boards and agencies to review annual costs and fund balances by September 1 each year to determine if ending balances exceed 50% of their appropriations.

• Mandates boards and agencies provide a one-time waiver or reduction in licensure or certification renewal fees if fund balances exceed the 50% threshold, with the goal of including all existing licensees and waiving fees for new licensees in the subsequent fiscal year.

• Requires fee reductions to be reported to the Governor, President of the Senate, and Speaker of the House of Representatives by September 1 annually, including revenue projections, expected ending balances, and justification for the reduction plan.

• Requires boards and agencies to notify existing licensees by July 1 of the fiscal year when a reduction or waiver becomes effective and prominently announce the reduction on their website.

• Applies to regulatory boards and agencies established under specified chapters of Arizona Title 32 (professions and occupations) and Title 36, chapter 4, article 6.