This bill proposes to update current statutes by appropriating $10,000,000 from the state general fund to the Graham County Community College District for the construction of a student housing facility in each of the fiscal years 2026-2027 and 2027-2028. This new funding is intended to support the development of educational infrastructure within the district.

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.