This bill proposes several updates to current Arizona statutes, primarily focusing on the establishment and administration of various funds related to early childhood development, health, and education. It introduces new sections, such as the out-of-school time program fund and the early intervention support fund, which will be administered by the department and continuously appropriated, exempt from lapsing provisions. Additionally, it modifies the existing early childhood development and health fund by changing the terminology from "funds" to "monies" and clarifying the distribution of these funds among various accounts, including the program account and the administrative costs account.

Furthermore, the bill introduces an excise tax on alternative nicotine products and vapor products, establishing a tax rate of fifty percent on retail sales. The revenues generated from this tax will be allocated to several funds, including the early childhood development and health fund, the ninth grade on-track grant program fund, and the smoke-free Arizona fund, among others. The bill also exempts the department of revenue from certain rulemaking requirements for one year following its effective date, and it stipulates that the act will only take effect upon the affirmative vote of a supermajority in the legislature.

Statutes affected:
Introduced Version: 8-1181, 15-249.14, 15-249.20, 36-601.01, 41-2023, 8-1182, 35-190, 42-3373, 42-3372, 42-5503, 4-101, 42-3251.02, 35-313, 36-190, 42-3301, 99-457