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ARIZONA STATE SENATE
Fifty-Sixth Legislature, First Regular Session
ENACTED
FACT SHEET FOR S.B. 1732/H.B. 2822
state budget implementation; 2023-2024.
Purpose
Makes session law changes relating to budget implementation necessary to implement the FY 2024 state budget.
Background
The Arizona Constitution prohibits substantive law from being included in the general appropriations, capital outlay appropriations and supplemental appropriations bills. However, it is often necessary to make statutory and session law changes to effectuate the budget. Thus, separate bills called budget reconciliation bills (BRBs) are introduced to enact these provisions. Because BRBs contain substantive law changes, the Arizona Constitution provides that they become effective on the general effective date, unless an emergency clause is enacted.
S.B. 1732 contains the budget reconciliation provisions for changes relating to budget implementation.
Provisions
1. Continues to require, retroactive to July 1, 2023, any unrestricted federal monies received by Arizona in FY 2024 to be deposited into the state General Fund (state GF) and used to pay essential governmental services.
2. Asserts that the Legislature is not required to appropriate monies to or transfer monies from the Budget Stabilization Fund in FY 2024, FY 2025 and FY 2026.
3. Continues to suspend the Budget Stabilization Fund cap of 10 percent of the state GF revenue for FY 2024 and prohibits the State Treasurer from transferring any surplus monies from the Budget Stabilization Fund to the state GF.
4. Becomes effective on the general effective date, with a retroactive provision as noted.
Senate Action House Action
APPROP 5/9/23 DP 6-4-0 APPROP 5/9/23 DP 10-5-0-0
3rd Read 5/10/23 25-5-0 3rd Read 5/10/23 46-13-0-0-1
(S.B. 1732 was substituted for H.B. 2822 on 3rd Read)
Signed by the Governor 5/11/23
Chapter 145
Prepared by Senate Research
May 22, 2023
AN/sr