The bill SB1111 appropriates funds for the payment of claims to named claimants in fiscal year 2024. It specifies the amounts to be allocated from various funds, including the state General Fund, Capital Outlay Stabilization Fund, and Risk Management Revolving Fund, totaling $69,884.06 from the General Fund and $285,215.69 from other sources. The bill outlines specific claimants and the amounts they are to receive, such as $12,133.96 to the Arizona Department of Corrections and $51,541.50 to the Prescott Historical Society.

Key changes in the new bill include the explicit appropriation of funds for specific claimants, which was not detailed in the previous law. Additionally, the bill mandates that the Arizona Department of Administration coordinate the payments to these claimants, ensuring a structured approach to disbursing the appropriated funds. The bill also clarifies that the payments made are in full satisfaction of the claims described, providing a clear legal framework for the disbursement process.