REFERENCE TITLE: Arizona state university; appropriation reduction

State of Arizona

Senate

Fifty-sixth Legislature

Second Regular Session

2024

SB 1152

Introduced by

Senator Kern:  Representatives Heap, Hendrix, Jones, Kolodin, Smith

An Act

appropriating monies to Arizona state university.

(TEXT OF BILL BEGINS ON NEXT PAGE)

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

Section 1. Reduced appropriation; transfer of monies

A. The amount appropriated to Arizona state university pursuant to Laws 2023, chapter 133, section 91 is reduced by $548,865,100.

B. On the effective date of this act, monies are transferred from Arizona state university to the state general fund in the amount of either $548,865,100 or the amount of monies remaining unexpended and unencumbered from the appropriation made by Laws 2023, chapter 133, section 91, whichever is less.