Arizona 2024 2024 Regular Session

Arizona Senate Bill SB1749 Comm Sub / Analysis

Filed 07/10/2024

                      	SB 1749 
Initials SJ 	Page 1 	Substituted 
 
ARIZONA HOUSE OF REPRESENTATIVES 
Fifty-sixth Legislature 
Second Regular Session 
Senate: APPROP 6-5-0-0 
 
SB 1749: state budget implementation; 2024-2025. 
Sponsor: Senator Kavanagh (with permission of committee on Rules), LD 3 
Substituted with HB 2911 
Overview 
Contains provisions relating to budgetary fund revisions needed to implement the FY 2025 
budget. 
History 
The Arizona Legislature adopts a budget for each fiscal year (FY) that contains general 
appropriations. Article IV, Section 20, Part 2 of the Constitution of Arizona requires the 
General Appropriations Act (feed bill) to contain only appropriations for the different state 
departments, state institutions, public schools and interest on public debt. Statutory changes 
necessary to reconcile the appropriations made in the feed bill and other changes are drafted 
into separate budget bills. These bills are prepared according to subject area. 
Provisions 
1. Requires, as session law, any unrestricted federal monies received by the state beginning 
July 1, 2024 through June 30, 2025 to be deposited in the state General Fund (GF). 
a) Stipulates that these monies must be used to pay essential government services; and 
b) Contains a retroactivity clause of July 1, 2024. (Sec. 1) 
2. States, as session law, that the Legislature is not required to appropriate monies to or 
transfer monies from the Budget Stabilization Fund through FY 2027. (Sec. 2) 
3. Asserts that for FY 2025, the Budget Stabilization Fund is not limited to 10% of the GF 
revenue and the State Treasurer may not transfer any surplus monies from the Budget 
Stabilization Fund to the GF. (Sec. 2) 
☐ Prop 105 (45 votes)     ☐ Prop 108 (40 votes)      ☐ Emergency (40 votes) ☐ Fiscal Note