This bill proposes to update current statutes by appropriating $25,000,000 from the state general fund to the housing trust fund for the fiscal year 2025-2026. This appropriation is intended to support housing initiatives as established by section 41-3955 of the Arizona Revised Statutes.

Additionally, the bill introduces a provision that prohibits landlords from filing, finalizing, or enforcing any actions against tenants for unpaid rent if they receive funds from this appropriation as payment for that rent. This aims to provide financial relief to tenants while ensuring that landlords cannot pursue legal action for the rent that has been covered by the housing trust fund.