Bill Text: AZ HB2373 | 2021 | Fifty-fifth Legislature 1st Regular | Chaptered


Bill Title: Expenditure limitation; community colleges

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2021-07-09 - Chapter 421 [HB2373 Detail]

Download: Arizona-2021-HB2373-Chaptered.html

 

 

Senate Engrossed House Bill

 

voter registration groups; forms; identifiers

(now: forms; identifiers; voter registration groups)

(now: expenditure limitation; community colleges)

 

 

 

State of Arizona

House of Representatives

Fifty-fifth Legislature

First Regular Session

2021

 

 

 

CHAPTER 421

 

HOUSE BILL 2373

 

 

AN ACT

 

relating to community colleges.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 


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

Section 1. Community college districts; expenditure limitations; penalty; retroactivity

A. Notwithstanding section 41-1279.07, Arizona Revised Statutes, for fiscal year 2021-2022, if a community college district exceeds its expenditure limitation prescribed in article IX, section 21, Constitution of Arizona, and pursuant to section 41-563, Arizona Revised Statutes, the community college district shall have state aid pursuant to section 15-1466, Arizona Revised Statutes, withheld as follows:

1. If the excess expenditures are less than five percent of the limitation, an amount equal to $5,000.

2. If the excess expenditures are equal to or greater than five percent, but less than ten percent of the limitation, an amount equal to $15,000.

3. If the excess expenditures are equal to or greater than ten percent, but less than twelve percent of the limitation, an amount equal to $20,000.

4. If the excess expenditures are equal to or greater than twelve percent of the limitation, the amount shall be calculated according to section 41-1279.07, Arizona Revised Statutes.

B. Subsection A of this section applies retroactively to from and after June 30, 2020.


 

 

 

APPROVED BY THE GOVERNOR JULY 9, 2021.

 

FILED IN THE OFFICE OF THE SECRETARY OF STATE JULY 9, 2021.

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