HB 2202 is a bill that proposes a $609,054,500 appropriation from the Budget Stabilization Fund to the Elected Officials' Retirement Plan (EORP) for FY 2024 to address its unfunded accrued liability. It establishes a ten-year repayment schedule for local governments from FY 2025 to FY 2034 and redirects certain court and notary bond fees to the Arizona Department of Administration and the state General Fund. The bill ends the annual $5,000,000 General Fund appropriation to EORP in FY 2024, allows the State Treasurer to bill local governments for non-payment, and includes reductions to FY 2025 appropriations for various state departments.

The bill also amends the Arizona Revised Statutes, changing the distribution of certain court-collected monies from the EORP fund to the public safety personnel retirement system until June 30, 2024, after which it will go to the department of administration. It repeals section 38-824 from June 30, 2035, adjusts judicial collection enhancement fund percentages, and is considered an emergency measure effective immediately upon passing.

Statutes affected:
Introduced Version: 12-119.01, 12-120.31, 12-284.03, 22-281, 38-803.01, 38-810, 38-824, 41-178, 41-727, 35-146, 35-147, 12-113, 38-802, 12-119.02, 12-284, 41-2402, 36-3002, 8-550.01, 12-305, 12-135, 8-135, 12-116, 42-1001, 38-727, 38-797.05, 38-833, 38-737, 2011-2012, 2012-2013, 2013-2014, 2042-2043, 2023-2024, 35-190, 42-5029, 41-126, 41-314