The proposed bill seeks to amend sections 15-2402 and 15-2403 of the Arizona Revised Statutes, specifically addressing the rules for Arizona empowerment scholarship accounts. The bill introduces new requirements for transactions and usage of funds from these accounts.

Under the new bill, items purchased with funds from an Arizona empowerment scholarship account cannot be sold while the student is enrolled in the program. For transactions of at least $500, approval from the department is required before the transaction can be completed, and the department must determine if the expense is allowed. Additionally, the bill mandates that funds from the scholarship account can only be used for educational goods or services when a less expensive alternative is not available.

Statutes affected:
Introduced Version: 15-2402, 15-2403, 15-766, 15-2401, 28-9551, 15-802, 15-185, 15-943, 35-190, 2020-2021, 35-113