HB 2600 Initials AF Page 1 House Engrossed ARIZONA HOUSE OF REPRESENTATIVES Fifty-sixth Legislature First Regular Session House: APPROP DPA 15-0-0-0 HB 2600: children's behavioral health services fund Sponsor: Representative Grantham, LD 14 House Engrossed Overview Deposits an annual sum of $250,000 from the insurance premium tax to the Children's Behavioral Health Services Fund (Fund). History The insurance premium tax is levied on net insurance premiums received by insurance companies for risks within the state. Revenues from the insurance premium tax are deposited into the state General Fund, except for portions of the tax on fire insurance premiums and on vehicle insurance premiums (A.R.S. § 20-227). The Fund was established by Laws 2020, Chapter 4, to allow the Arizona Health Care Cost Containment System to contract for behavioral health services. These services are for school- aged students who are uninsured or underinsured, are referred by their educational institution and have written parental consent (A.R.S. § 36-3436). The 2022 House Teen Mental Health Ad Hoc Committee (Committee) recommendations included a proposal that the Legislature fully-fund, on an ongoing basis, the Fund and consider revenue sources such as insurance premium tax collections (Committee Recommendations). Provisions 1. Requires $250,000 of insurance premium tax proceeds to be annually deposited into the Fund. (Sec. 1) 2. Makes technical and conforming changes. (Sec. 1) ☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal Note