If this bill were to become law, it would update the Arizona Revised Statutes by amending section 17-269 to increase the threshold for reverting excess funds in the Arizona Game and Fish Publications Revolving Fund from $80,000 to $250,000. This means that any funds exceeding $250,000 would revert to the Arizona Game and Fish Fund, rather than the previous limit of $80,000. Additionally, the bill would also raise the amount exempt from lapsing provisions from $80,000 to $250,000, allowing the fund to retain a larger balance without the risk of lapsing.
The bill includes a technical change and specifies that it will take effect on the general effective date. Overall, these changes aim to provide the Arizona Game and Fish Department with greater financial flexibility in managing the Revolving Fund, allowing for more resources to be retained for the production and distribution of wildlife-related publications.
Statutes affected: Introduced Version: 17-269
Senate Engrossed Version: 17-269