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. The committee is tasked with meeting quarterly to assess existing rental assistance programs in Arizona, review their eligibility criteria and administrative structures, and examine coordination among agencies and organizations involved in these programs.

Additionally, the committee is required to solicit input from stakeholders and develop findings and recommendations regarding the effectiveness of rental assistance programs. A report summarizing these findings must be submitted to the Governor and the Legislature by December 31, 2027. The bill also stipulates that committee members will not receive compensation for their service and includes a provision for the committee's repeal after September 30, 2028.