House Bill 2011 proposes an amendment to the Arizona Revised Statutes, specifically targeting the allocation of funds from the State Lottery Fund. The bill introduces an annual statutory appropriation of $50,000,000 from the State Lottery Fund to the Water Infrastructure Finance Authority (WIFA). This appropriation is to be divided equally between two funds: $25,000,000 to the Water Supply Development Revolving Fund and $25,000,000 to the Water Conservation Grant Fund.

The bill also includes technical and conforming changes to the existing law. It specifies that the Water Supply Development Revolving Fund and the Water Conservation Grant Fund are eligible to receive monies from the State Lottery Fund. The bill makes adjustments to the existing allocations from the State Lottery Fund to various programs, ensuring that the new appropriations to WIFA are accommodated.

Statutes affected:
Introduced Version: 5-572, 49-1271, 49-1331, 5-555, 17-297, 8-481, 15-1643, 36-697, 36-274, 41-563, 35-190, 41-1545.01, 15-1682.03, 49-1278, 35-146, 35-147, 35-313