HB2633 establishes the Real Estate Information Technology Fund (Fund) for the Arizona Department of Real Estate (ADRE). The Fund is intended to supplement technological upgrades, contract with external vendors for software and equipment updates, and support software subscriptions. It explicitly prohibits the use of the Fund for ADRE staff salaries and is subject to legislative appropriation, exempt from lapsing of appropriations.

The bill also includes an appropriation of $3,000,000 from the Arizona Department of Administration subaccount in the Automation Projects Fund for fiscal year 2024-2025 to the newly established Real Estate Information Technology Fund. This sum is to be used by the state real estate department for the purposes outlined in the amended section 32-2107 of the Arizona Revised Statutes. Additionally, the bill makes technical and conforming changes to the language of the statutes, such as updating terms for clarity and modernization.

Statutes affected:
Introduced Version: 32-2103, 32-2107, 32-2132, 35-146, 35-147, 38-611, 35-190
House Engrossed Version: 32-2107