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AZ HB2822

Bill

Official Source

Status

Introduced

5/8/2023

Primary Sponsor

David Livingston

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - First Regular Session (2023)

AI Summary

  • Directs unrestricted federal monies received between July 1, 2023 and June 30, 2024 to be deposited in the state general fund for essential government services.

  • Applies retroactively to June 30, 2023.

  • Exempts fiscal years 2023-2024, 2024-2025, and 2025-2026 from requirement to appropriate or transfer monies to the budget stabilization fund.

  • Removes the ten percent limit on the budget stabilization fund for fiscal year 2023-2024 and prohibits the state treasurer from transferring surplus monies from the fund to the general fund.

Legislative Description

State budget implementation; 2023-2024

Retroactivity

Last Action

House Committee of the Whole action: Do Pass

5/10/2023

Committee Referrals

Rules5/8/2023
Appropriations5/8/2023

Full Bill Text

No bill text available