If this bill were to become law, it would update current statutes by amending section 15-2403 of the Arizona Revised Statutes to include new provisions regarding the Arizona empowerment scholarship accounts. Specifically, it would maintain the existing requirement for the department to make quarterly transfers to the treasurer for deposit in each qualified student's scholarship account, but it would also allow for the possibility of alternative transfer schedules if deemed necessary by the department.

Additionally, the bill would introduce a new requirement for the department to issue or facilitate the issuance of a debit card for the Arizona empowerment scholarship account for each qualified student, provided that the student's parent requests one. This change aims to enhance the accessibility and usability of the scholarship funds for families.

Statutes affected:
Introduced Version: 15-2403