HB 2555 Summary

• Transfers the school facilities board from title 15 to title 41, chapter 56, establishing it as the "division of school facilities" within the department of administration

• Maintains all existing powers and duties of the school facilities board including administration of emergency deficiencies correction fund, building renewal grant fund, and new school facilities fund for school construction and renovation

• Updates numerous statutory cross-references throughout Arizona Revised Statutes to reflect the organizational change from title 15, chapter 16 to title 41, chapter 56

• Establishes succession provisions ensuring all existing actions, contracts, rules, personnel, and property of the school facilities board transfer to the division without altering their legal status or effect

• Requires a three-fourths vote of both legislative houses for enactment of amendments to section 42-5029 relating to school facilities revenue distribution