ARIZONA HOUSE OF REPRESENTATIVES

Fifty-seventh Legislature

First Regular Session

HCR 2016: reinstatement; WIFA monies

Sponsor: Representative Griffin, LD 19

Committee on Natural Resources, Energy & Water

Overview

States the Legislature's commitment to reinstating the full appropriation for the Water Infrastructure Finance Authority (WIFA).

History

Laws 2022, Chapter 366 made a total 3-year commitment of $1,000,000,000 to the Long Term Water Augmentation Fund (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 for WIFA.

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