The proposed bill establishes a Rental Assistance Study Committee, which will consist of 13 members with specific appointments from various stakeholders, including renters, housing developers, real estate brokers, tenant advocacy groups, property owners, and government officials. This committee is tasked with examining existing rental assistance programs in Arizona, reviewing their eligibility criteria and administrative structures, and assessing coordination among agencies and organizations involved in these programs. The committee will also solicit input from stakeholders and develop findings and recommendations regarding the effectiveness of these programs.

Additionally, the bill mandates that the committee submit a report of its findings and recommendations by December 31, 2027, to the Governor and the Legislature, with a copy provided to the Secretary of State. It specifies that committee members will not receive compensation for their service and includes a provision for the committee's repeal after September 30, 2028. The current statutes related to the composition and appointment of committee members will be updated to reflect these changes, while other existing laws remain unchanged.