PROPOSED
HOUSE OF REPRESENTATIVES AMENDMENTS TO S.B. 1411
(Reference to Senate engrossed bill)
Page 9, between lines 42 and 43, insert:
"Sec. 7. Appropriation; budget stabilization fund; transfer; exemption
A. The sum of $400,000,000 is appropriated from the state general fund in fiscal year 2020-2021 to the budget stabilization fund established by section 35-144, Arizona Revised Statutes, for the purposes prescribed in this section.
B. Notwithstanding section 35-144, Arizona Revised Statutes, when directed by the governor, the state treasurer shall transfer the monies appropriated pursuant to subsection A of this section to the unemployment trust fund account of the unemployment compensation fund established by section 23-701, Arizona Revised Statutes.
C. 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."
Renumber to conform
Amend title to conform