AZ SB1590

Allocates 55% of Arizona's unclaimed property monies to the Housing Trust Fund, with 40% of that allocation required for developing housing in rural areas

Removes the previous $2.5 million cap on Housing Trust Fund deposits from unclaimed property, replacing it with the new percentage-based allocation

Maintains the $2 million annual deposit to the Seriously Mentally Ill Housing Trust Fund, now taken after the Housing Trust Fund allocation

Preserves the existing $24.5 million annual deposit to the Department of Revenue Administrative Fund