Loading chat...
AZ SB1749
Bill
Status
Introduced
6/12/2024
Primary Sponsor
John Kavanagh
Click for details
AI Summary
-
Deposits unrestricted federal monies received between July 1, 2024 and June 30, 2025 into the state general fund for essential government services.
-
Applies retroactively from June 30, 2024 regarding federal monies deposits.
-
Suspends the requirement to appropriate or transfer monies to/from the budget stabilization fund for fiscal years 2024-2025, 2025-2026, and 2026-2027.
-
Removes the 10 percent cap on budget stabilization fund reserves for fiscal year 2024-2025 and prohibits transferring surplus monies from the fund to the general fund.
Legislative Description
State budget implementation; 2024-2025.
Exceptions
Last Action
Senate Committee of the Whole action: Do Pass
6/14/2024
Committee Referrals
Rules6/12/2024
Appropriations6/12/2024
Full Bill Text
No bill text available