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House Engrossed |
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State of Arizona House of Representatives Fifty-second Legislature Second Regular Session 2016
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HOUSE BILL 2661 |
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AN ACT
amending title 35, chapter 3, Arizona Revised Statutes, by adding article 8; appropriating monies; relating to public indebtedness.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Title 35, chapter 3, Arizona Revised Statutes, is amended by adding article 8, to read:
ARTICLE 8. AMORTIZATION OF PAYMENT DEFERRALS
35-521. Amortization of payment deferrals
In addition to any other monies appropriated, the following amounts must be included in the general appropriation act in fiscal years 2018-2019 through 2037-2038 to the following budget units for payment of payment deferrals made in prior fiscal years:
1. $46,536,390 to the department of education.
2. $3,738,020 to Arizona state university ̶ Tempe and downtown Phoenix campuses.
3. $287,510 to Arizona state university ̶ East campus.
4. $503,240 to Arizona state university ̶ West campus.
5. $1,524,740 to Northern Arizona university.
6. $3,107,650 to university of Arizona ̶ main campus.
7. $838,840 to university of Arizona ̶ health sciences center.
8. $1,050,000 to the department of economic security.
9. $550,000 to the department of child safety.
Sec. 2. Delayed repeal
Title 35, chapter 3, article 8, Arizona Revised Statutes, as added by this act, is repealed from and after September 30, 2040.