The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
41-740.01 - Arizona financial information system collections fund; purpose; transaction fee; joint legislative budget committee; annual report
41-740.01. Arizona financial information system collections fund; purpose; transaction fee; joint legislative budget committee; annual report
A. The Arizona financial information system collections fund is established consisting of monies collected pursuant to subsection C of this section. The department shall administer the fund. Monies in the fund are subject to legislative appropriation. Monies in the fund are exempt from the provisions of section 35-190 relating to lapsing of appropriations.
B. Monies in the fund shall be used to reimburse the department for the costs of operating the Arizona financial information system.
C. The department may charge a transaction fee to each state agency that uses the Arizona financial information system. The department shall submit a proposed transaction fee to the joint legislative budget committee before establishing or changing the fee. On or before December 1 of each year, the department shall submit a report to the joint legislative budget committee on the Arizona financial information system transaction count by agency and fund source.