If enacted, this bill would update current statutes by appropriating $600,000 from the state General Fund for fiscal year 2025-2026 specifically to the Office of Economic Opportunity (OEO) for conducting a workforce development study focused on communities in Coconino County affected by the closure of the Navajo Generating Station. This new funding aims to address the economic impacts of the power plant's closure and support workforce development in the region.

Additionally, the bill includes a provision that exempts this appropriation from the lapsing provisions outlined in section 35-190 of the Arizona Revised Statutes, ensuring that the allocated funds do not expire at the end of the fiscal year. The bill would take effect on the general effective date, thereby allowing the OEO to begin its study promptly.