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AZ HB2430

Bill

Status

Engrossed

2/23/2024

Primary Sponsor

Tim Dunn

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - Second Regular Session (2024)

AI Summary

  • Renames the "data processing acquisition fund" to the "business services sustainability fund" within the Secretary of State's office.

  • Authorizes the Secretary of State to assess a special recording fee of not more than $6 for each filing under section 41-126, subsection A, paragraph 6, subdivisions (a) through (d), with fees deposited into the sustainability fund.

  • Requires the Secretary of State to deposit $5 of the $15 fee collected under section 41-126, subsection A, paragraph 3, and $5 of the $10 fee collected under section 41-126, subsection A, paragraph 4, into the business services sustainability fund.

  • Exempts monies in the fund from lapsing appropriation requirements, but requires any balance exceeding $250,000 to revert to the state general fund at the end of each calendar year.

Legislative Description

Business services sustainability fund; monies

Monies

Last Action

Senate read second time

3/4/2024

Committee Referrals

Rules2/29/2024
Government Institutions2/23/2024
Rules1/17/2024
Government1/17/2024

Full Bill Text

No bill text available