Bill Text: AZ HB2429 | 2013 | Fifty-first Legislature 1st Regular | Introduced
Bill Title: Water protection fund; annual funding
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2013-02-27 - House APPROP Committee action: Discussed and Held [HB2429 Detail]
Download: Arizona-2013-HB2429-Introduced.html
REFERENCE TITLE: water protection fund; annual funding |
State of Arizona House of Representatives Fifty-first Legislature First Regular Session 2013
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HB 2429 |
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Introduced by Representative Brophy McGee
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AN ACT
amending section 45-2112, Arizona Revised Statutes; making an appropriation; relating to the Arizona water protection fund.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 45-2112, Arizona Revised Statutes, is amended to read:
45-2112. Funding sources
A. The fund shall consist of monies from the following sources:
1. Monies collected pursuant to section 48‑3715.05.
2. Amounts appropriated from the state general fund pursuant to subsection B of this section.
B. There is appropriated from the state general fund to the Arizona water protection fund at the beginning of each fiscal year an amount equal to five million dollars minus the sum of the amounts deposited in the previous fiscal year from the sources listed in subsection A, paragraph 1 of this section. If the amounts received from the sources listed in subsection A, paragraph 1 of this section exceed five million dollars, the amount in excess shall be credited against the state general fund appropriation in subsequent fiscal years. The appropriation from the state general fund shall not exceed five million dollars in any fiscal year.
B. C. In addition to the amounts prescribed in subsection subsections A and B of this section the fund may accept any gifts, grants or donations.