This bill proposes to update current statutes by appropriating $7,000,000 from the state general fund for fiscal year 2025-2026 to the department of administration, specifically for capital improvements to the Navajo county fairgrounds. It establishes a requirement for Navajo county to submit an expenditure plan for review by the joint committee on capital review before any funds are distributed. Additionally, the county must provide an annual report detailing project expenditures, timeline changes, expected completion dates, and any alterations to the project scope.

Furthermore, the bill includes a provision that exempts the appropriation from lapsing under section 35-190 of the Arizona Revised Statutes until June 30, 2032. It also clarifies that "review by the joint committee on capital review" entails a majority vote from a quorum of the committee members. These updates aim to ensure accountability and oversight in the use of the appropriated funds for the intended capital improvements.