AZ SB1557

Increases annual deposits from the state lottery fund to the Arizona state parks heritage fund from $5,000,000 to $10,000,000.

Modifies section 5-572 to specify that state parks heritage fund deposits are subject to the same conditions as game and fish commission heritage fund deposits, including a minimum general fund threshold of $84,150,000.

Establishes the Arizona state parks heritage fund as consisting of lottery deposits, legislative appropriations, grants, donations, and investment earnings.

Provides that monies in the Arizona state parks heritage fund are continuously appropriated and exempt from lapsing appropriations provisions under section 35-190.

Adjusts all lottery fund allocations annually according to changes in the GDP price deflator.