This bill proposes to update current statutes by reallocating unspent funds from the School Safety Interoperability Fund to the Peace Officer Training Equipment Fund. Specifically, it introduces new provisions that require unexpended and unencumbered monies distributed to the cities of Tucson and Yuma, as well as Coconino County, to revert back to the School Safety Interoperability Fund. This reversion will take effect on the bill's effective date.

Furthermore, the bill mandates that the reverted funds from the School Safety Interoperability Fund will then be transferred to the Peace Officer Training Equipment Fund. These changes are aimed at ensuring that the funds are utilized effectively for peace officer training while maintaining the integrity of the School Safety Interoperability Fund. The current statutes remain unchanged except for these specific insertions regarding the reallocation of funds.