If enacted, this bill would update current statutes related to higher education funding in Arizona for the fiscal year 2025-2026. Specifically, it would insert provisions allowing the state to match less than two dollars for each dollar raised from the surcharge on student registration fees, as outlined in Notwithstanding section 15-1642, subsection C, Arizona Revised Statutes, for fiscal year 2025-2026, each dollar raised pursuant to the surcharge on student registration fees assessed pursuant to section 15-1642, subsection A, Arizona Revised Statutes, may be matched by less than $2 appropriated by the legislature.. Additionally, it would specify that state aid for community college districts' science, technology, engineering, and mathematics programs, as well as operating state aid, would be determined according to the general appropriations act, as indicated in Notwithstanding section 15-1464, subsection A, paragraph 3, Arizona Revised Statutes, state aid for science, technology, engineering and mathematics and workforce programs for community college districts for fiscal year 2025-2026 is as specified in the general appropriations act. and Notwithstanding section 15-1466, Arizona Revised Statutes, operating state aid for community college districts for fiscal year 2025-2026 is as specified in the general appropriations act..
The bill would not alter existing statutes but would provide specific budgetary guidelines for the fiscal year 2025-2026, ensuring that the funding mechanisms for higher education align with the state's budgetary decisions. The changes aim to facilitate the implementation of the FY 2026 state budget while adhering to constitutional requirements regarding appropriations and substantive law.