Arizona House Bill HB2096

Arizona 2022 Regular Session

• Introduced: 6/23/22

Caption

Appropriation; financial aid trust fund

Impact

The passage of HB2096 is expected to have a positive impact on Arizona's financial aid landscape, particularly for students seeking higher education opportunities. By securing this funding, the bill provides a crucial resource for those who may otherwise be unable to afford tuition and other related educational expenses. Additionally, the exemption from lapsing provisions as stated in the bill ensures that the allocated funds will not become unavailable at the end of the fiscal year, allowing for their effective and sustained use.

Summary

House Bill 2096 aims to appropriate a significant amount of funds to the financial aid trust fund in Arizona. Specifically, the bill proposes $32,972,200 to be allocated from the state general fund for the fiscal year 2022-2023. This appropriation is intended to enhance support for educational financial aid, thereby benefiting students who need financial assistance for their education. Through this funding, the bill seeks to strengthen the financial aid system and promote access to higher education for individuals from diverse backgrounds.

Contention

Although details on points of contention surrounding HB2096 are not explicitly detailed in the provided documents, issues typically arise in educational appropriations due to competing budget priorities and concerns regarding fiscal responsibility. Critics may express concerns about the adequacy and distribution of financial aid resources, as well as potential implications for the state's overall budget while proponents will likely argue for the necessity of funding to support educational access and equity.