This bill proposes several updates to the Arizona Revised Statutes concerning the Arizona Historical Society. It introduces new provisions, including the establishment of a "historical society chapter building enhancement fund" for each chapter organized by the board of directors, which will consist of donations and contributions. The bill allows chapters to seek contributions and spend funds from this enhancement fund for acquiring and maintaining buildings and facilities. Additionally, it mandates that each chapter prepare an annual report detailing their financial activities and projections for the upcoming fiscal year.

The bill also modifies existing language by replacing the term "funds" with "monies" in the context of nonappropriated private resources related to program activities. Furthermore, it clarifies that the funds are continuously appropriated and exempt from lapsing provisions, ensuring that the resources remain available for the chapters' use. Overall, these changes aim to enhance the operational capacity of historical society chapters and improve financial accountability.

Statutes affected:
Introduced Version: 41-821, 41-827, 38-211