The bill SB1749/H.B. 2911, titled "state budget implementation; 2024-2025," includes provisions for the implementation of the FY 2025 state budget. It outlines session law changes necessary for budget execution, as the Arizona Constitution prohibits substantive law from being included in the general appropriations bills. The bill is a Budget Reconciliation Bill (BRB) and will become effective on the general effective date, with certain provisions retroactive to July 1, 2024.

Key changes in the bill include the requirement for any unrestricted federal monies received by Arizona in FY 2025 to be deposited into the state General Fund and used for essential governmental services. Additionally, the Legislature is not mandated to appropriate or transfer monies from the Budget Stabilization Fund for FY 2025, FY 2026, and FY 2027. The bill also suspends the Budget Stabilization Fund cap of 10 percent of the state General Fund revenue for FY 2025 and prohibits the State Treasurer from transferring any surplus monies from the Budget Stabilization Fund to the state General Fund.