This bill proposes several updates to current statutes regarding expenditure limitations in Arizona. It amends section 12-262 and sections 15-1285, 17-266, 22-117, 41-563, 42-5010, and 42-5010.01, while repealing section 15-911. Key changes include the replacement of the term "funds" with "monies" and the adjustment of language regarding the use of these funds for probation services. Additionally, the bill modifies the economic estimates commission's responsibilities, particularly in relation to increasing the county's base expenditure limit and clarifying the definitions and reporting requirements for political subdivisions and community college districts.

The bill also includes several deletions of outdated provisions, particularly those related to school districts, which are entirely removed from the statute. Furthermore, it introduces new language that stipulates the act will not take effect unless the Arizona Constitution is amended by a public vote, and it requires a supermajority approval from the legislature for certain sections to be effective. Overall, the bill aims to modernize and clarify the legal framework surrounding expenditure limitations while ensuring compliance with constitutional requirements.

Statutes affected:
Introduced Version: 12-262, 15-911, 15-1285, 17-266, 22-117, 41-563, 42-5010, 42-5010.01, 12-251, 12-269, 2006-2007, 36-2901.01, 36-2901.04, 11-292, 41-2535, 41-2572, 1986-1987, 1979-1980, 42-17101, 15-1466.01, 15-1471, 15-1401, 15-1469, 15-1469.01, 1978-1979, 42-5008.01, 42-5070, 42-5076, 42-5005, 42-5072, 42-5069, 42-5029, 42-5075, 42-5032.02