If this bill were to become law, it would update current statutes by appropriating a total of $12,300,000 for fiscal year 2026 and $29,100,000 for fiscal year 2027 from the state General Fund to the Arizona Department of Transportation (ADOT) specifically for the construction of an overpass at Riggs Road and State Route 347. This funding is intended for right-of-way acquisition, utility relocation, and natural resource recovery associated with the project. Additionally, the bill mandates that an advanced appropriation of $49,000,000 for fiscal year 2028 be allotted to ADOT for the same construction project.
The bill also includes technical and conforming changes to ensure that the new appropriations align with existing statutes. It effectively replaces previous funding sources and amounts, as indicated by the ... of older appropriations and the ... of the new funding amounts. Overall, the bill aims to streamline the funding process for the overpass project while ensuring that the necessary financial resources are allocated in a timely manner.