The proposed bill, if enacted, would amend current statutes regarding state contracts by exempting the federal government and its agencies from the state's contract cancellation requirements. Specifically, it would clarify that the term "any other party" in state contracts does not include the federal government or any federal agency. This change would be inserted into the existing statute, which currently allows the state and its political subdivisions to cancel contracts under certain conditions related to conflicts of interest.

Additionally, the bill would make minor adjustments to the language of the current statute, such as changing "cancelled" to "canceled" and ensuring consistent references to "this state" throughout the text. It would also specify that "political subdivisions" do not include certain entities formed under specific titles in the Arizona Revised Statutes. Overall, these updates aim to streamline the language and clarify the applicability of the cancellation provisions in relation to federal entities.

Statutes affected:
Introduced Version: 38-511
House Engrossed Version: 38-511