Arizona 2024 Regular Session

Arizona House Bill HB2430

Introduced
1/17/24  
Report Pass
1/31/24  
Introduced
1/17/24  
Report Pass
2/20/24  
Report Pass
1/31/24  
Engrossed
2/23/24  
Report Pass
2/20/24  

Caption

Business services sustainability fund; monies

Impact

The implementation of HB2430 is expected to streamline processes in the Secretary of State's office by creating a reliable funding mechanism for data processing improvements. The continuous appropriation of funds ensures that resources are available year-round, thus allowing for more efficient management and upgrades to the technological infrastructure supporting business services in Arizona. Additionally, the bill specifies conditions under which unencumbered funds can revert to the state general fund, adding an aspect of financial oversight.

Summary

House Bill 2430 introduces amendments to Section 18-441 of the Arizona Revised Statutes focused on establishing a Business Services Sustainability Fund. This fund aims to enhance the data processing capabilities within the Secretary of State's office. Funded by special recording fees assessed during various filings, the bill establishes a dedicated source of financing to support advancements in information technology used by the state.

Sentiment

Although specific discussions around HB2430 were not detailed in the available documents, the general atmosphere surrounding legislation aimed at enhancing technological capabilities tends to be positive. Legislators often view such initiatives as essential for modern governance and effective service delivery. This bill likely received bipartisan support, reflecting a shared understanding of the importance of boosting technological advancements in public administration.

Contention

There may be points of contention related to how the fees are assessed and allocated. Stakeholders might debate the fairness of the fees imposed on filings and whether they could create additional financial burdens for businesses. Moreover, discussions may center around ensuring that the funds are utilized effectively and transparently to achieve the desired improvements in the Secretary of State's office without potential misuse.

Companion Bills

No companion bills found.

Previously Filed As

AZ SB1559

Businesses; fees; income tax reduction

AZ HB2900

Commerce; 2024-2025

AZ H0389

Money Services Businesses

AZ HB2782

Homeless shelter fund; performance audit

AZ HB2430

EORP; appropriations; repayment

AZ HB2776

Rural water sustainability fund; appropriation

AZ HB2735

TPT; services; tuition surcharge

AZ HB2227

Eligible organizations; registration; childcare monies

AZ HB2360

TPT; services; tuition surcharge

AZ HB515

Provides for the transfer, deposit, and use of monies among state funds

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