HB 2722 Summary

• Changes the chapter heading of Title 1, Chapter 5, Arizona Revised Statutes from "Public Programs" to "Public Resources"

• Prohibits public entities from spending, loaning, or allowing use of public resources unless the expenditure is for a public purpose, supported by consideration, and subject to continuing public entity control

• Defines "public purpose" as activities directly related to government functions where the primary beneficiary is the public, explicitly excluding subsidies or aid to private businesses for economic development

• Authorizes the Arizona Attorney General or any state taxpayer to file court actions challenging public expenditures, with plaintiffs prevailing if the expenditure lacks public purpose, lacks consideration, or lacks public entity control

• Cites the act as the "Taxpayer Protection Act"