This bill proposes to amend current statutes regarding the Arizona Game and Fish Publications Revolving Fund. Under the current law, any funds exceeding $80,000 in the Revolving Fund must revert to the Arizona Game and Fish Fund. The bill would increase this threshold to $250,000, allowing the fund to retain a larger balance before any excess is reverted. Additionally, the bill would exempt up to $250,000 in the Revolving Fund from lapsing, as opposed to the current limit of $80,000.
The proposed changes include the insertion of new language that specifies the updated monetary thresholds and the deletion of the old limits. Specifically, the bill would replace references to "eighty thousand dollars" with "$250,000" in two instances, thereby updating the financial parameters governing the Revolving Fund. Overall, if enacted, this legislation would provide the Arizona Game and Fish Department with greater financial flexibility in managing its publications fund.
Statutes affected: Introduced Version: 17-269
Senate Engrossed Version: 17-269