REFERENCE TITLE: appropriation; financial aid trust fund

State of Arizona House of Representatives Fifty-fourth Legislature First Regular Session 2019

HB 2338

Introduced by Representatives Salman: Andrade, Bolding, Butler, Cano, Chávez, Engel, Epstein, Fernandez, Gabaldón, Hernandez A, Hernandez D, Jermaine, Lieberman, Longdon, Peten, Powers Hannley, Rodriguez, Sierra, Teller, Terán, Tsosie, Senators Bowie, Mendez

 

AN ACT

 

appropriating monies to the financial aid trust fund.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Appropriation; financial aid trust fund; exemption

A.  In addition to any other appropriation made in fiscal year 2019‑2020, the sum of $25,800,000 is appropriated from the state general fund in fiscal year 2019-2020 to the financial aid trust fund established pursuant to section 15-1642, Arizona Revised Statutes.

B.  The appropriation made in subsection A of this section is exempt from the provisions of section 35-190, Arizona Revised Statutes, relating to lapsing of appropriations.