ARIZONA HOUSE OF REPRESENTATIVES

Fifty-seventh Legislature

First Regular Session

House: NREW DP 6-2-0-2

HCR 2016: reinstatement; WIFA monies

Sponsor: Representative Griffin, LD 19

Caucus & COW

Overview

States the Legislature's commitment to reinstating the full appropriation for the Water Infrastructure Finance Authority's (WIFA) Long Term Water Augmentation Fund (LTWAF).

History

Laws 2022, Chapter 366 made a 3-year commitment of $1,000,000,000 to the (LTWAF) through the means of:

a) a transfer of $334,000,000 in FY 2023 from a diversion of the State's transaction privilege tax, and;

b) appropriations of $333,000,000 from the General Fund in FY 2024 and FY 2025.

The FY 2024 general appropriations act reduced the FY 2024 appropriation to $189,200,000.

The FY 2025 general appropriations act contained no funding from the General Fund for the Fund deposit line item.

Provisions

1. States the Legislature's commitment to reinstating the full appropriation to the WIFA's LTWAF.

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