This bill proposes several updates to the Arizona Revised Statutes concerning the Arizona State Parks Heritage Fund. Specifically, it mandates that $10,000,000 be deposited annually into the Arizona State Parks Heritage Fund from the state lottery fund, as indicated by the new insertion. This amount is to be allocated after other appropriations and deposits, which remain unchanged. Additionally, the bill clarifies that if the state lottery director determines that the general fund may not reach $84,150,000 in a fiscal year, deposits to both the Arizona Game and Fish Commission Heritage Fund and the Arizona State Parks Heritage Fund will be halted until the general fund requirement is met.
Furthermore, the bill establishes that the Arizona State Parks Heritage Fund will consist of the lottery fund deposits and interest earned on those funds, while maintaining the current provisions for legislative appropriations, grants, and donations. It also exempts the Arizona State Parks Board from certain rulemaking requirements for one year following the bill's effective date, which is set for June 30, 2027. Overall, these changes aim to enhance funding for state parks while ensuring fiscal responsibility.
Statutes affected: Introduced Version: 5-572, 41-502, 5-555, 17-297, 8-481, 15-1643, 36-697, 36-274, 41-563, 35-190, 41-1545.01, 15-1682.03