Loading chat...
AZ HB2430
Bill
Status
2/23/2024
Primary Sponsor
Tim Dunn
Click for details
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