This bill proposes to update current statutes by appropriating a total of $10,000,000 from the state general fund to the Graham County Community College District for the construction of a student housing facility during the fiscal years 2026-2027 and 2027-2028. This funding is a new insertion into the existing legal framework, aimed at supporting educational infrastructure in the region.

Additionally, the bill includes a provision that exempts these appropriations from the lapsing provisions outlined in section 35-190 of the Arizona Revised Statutes until June 30, 2029. This means that the allocated funds will not expire at the end of the fiscal year, allowing the college district more flexibility in utilizing the funds for the intended purpose.