REFERENCE TITLE: appropriation; financial aid trust fund

State of Arizona

House of Representatives

Fifty-fourth Legislature

Second Regular Session

2020

HB 2511

Introduced by

Representatives Salman: Andrade, Blanc, Bolding, Cano, Chávez, DeGrazia, Engel, Epstein, Fernandez, Friese, Gabaldón, Hernandez A, Jermaine, Lieberman, Pawlik, Peten, Powers Hannley, Rodriguez, Teller, Terán, Tsosie, Senator 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 2020‑2021, the sum of $27,936,400 is appropriated from the state general fund in fiscal year 2020-2021 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.