The bill SB1223 proposes to amend the eligibility timeline for projects seeking grants from the Water Infrastructure and Commerce Grant Fund. Specifically, it delays the start date for projects to be eligible for grants from January 1, 2022, to January 1, 2023, and extends the deadline for the allocation and distribution of these grants from December 31, 2024, to December 31, 2025.
Additionally, the bill appropriates $8 million from the state General Fund for fiscal year 2024 to the Fund and exempts this appropriation from lapsing. This change aims to provide more time for project initiation and grant distribution while ensuring continued financial support for water infrastructure projects in Arizona.
Statutes affected: Introduced Version: 41-1510
Senate Engrossed Version: 41-1510
House Engrossed Version: 41-1510