The proposed bill would introduce several updates to current statutes regarding the auditing of funds allocated for homelessness programs in Arizona. Specifically, it mandates the Auditor General to conduct a special audit of expenditures related to homelessness, which includes state, municipal, and county spending, as well as federal funds allocated for homeless programs. The audit will also assess expenditures by law enforcement agencies addressing homelessness and will require cooperation from all state and local government entities to provide necessary financial records at no cost. The Auditor General is tasked with submitting the audit report to key government officials by December 31, 2027, and the section will be repealed after June 30, 2028.

Additionally, the bill appropriates $1,250,000 from the Housing Trust Fund for the audit in fiscal year 2027 and exempts this appropriation from lapsing provisions. This financial commitment aims to ensure a thorough examination of how funds are utilized in addressing homelessness, thereby enhancing accountability and transparency in the management of these resources.