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AZ HB2373

Bill

Official Source

Status

Passed

7/9/2021

Primary Sponsor

Tim Dunn

Click for details

Origin

House of Representatives

Fifty-fifth Legislature - First Regular Session (2021)

AI Summary

  • For fiscal year 2021-2022, community college districts exceeding their constitutional expenditure limitation face state aid withholding from section 15-1466 based on the amount of excess expenditures.
  • Excess expenditures less than 5 percent of the limitation result in $5,000 state aid withholding.
  • Excess expenditures of 5-10 percent result in $15,000 withholding; 10-12 percent result in $20,000 withholding.
  • Excess expenditures of 12 percent or greater are calculated according to standard penalty provisions in section 41-1279.07, Arizona Revised Statutes.
  • These provisions apply retroactively from and after June 30, 2020.

Legislative Description

Expenditure limitation; community colleges

Qualifications

Last Action

Chapter 421

7/9/2021

Committee Referrals

Rules3/4/2021
Government Institutions3/3/2021
Rules1/27/2021
Government & Elections1/26/2021

Full Bill Text

No bill text available