This bill proposes to amend the Arizona Revised Statutes by adding a new section, 41-2505, which would require nongovernmental organizations that have received state contracts and operate near the state's international border to submit quarterly financial reports. These reports must be sent to the president of the senate and the speaker of the house of representatives and must include a detailed breakdown of all funding sources, as well as a comprehensive account of expenditures related to the awarded state contract.

The bill introduces new requirements for transparency and accountability in the financial operations of these organizations, ensuring that both public and private funding sources are disclosed, along with how the funds are utilized in relation to state contracts. There are no deletions or changes to existing statutes; the current law remains intact while the new provisions are added.

Statutes affected:
Introduced Version: 41-2505