Bill Text: AZ SB1084 | 2023 | Fifty-sixth Legislature 1st Regular | Engrossed
Bill Title: Appropriation; health innovation trust fund
Spectrum: Partisan Bill (Republican 2-0)
Status: (Engrossed - Dead) 2023-03-29 - House APPROP Committee action: Do Pass Amended, voting: (13-2-0-0-0-0) [SB1084 Detail]
Download: Arizona-2023-SB1084-Engrossed.html
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Senate Engrossed
appropriation; health innovation trust fund |
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State of Arizona Senate Fifty-sixth Legislature First Regular Session 2023
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SENATE BILL 1084 |
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An Act
appropriating monies to the Arizona health innovation trust fund.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Appropriation; Arizona health innovation trust fund; intent
A. The sum of $50,000,000 is appropriated from the state general fund in fiscal year 2023-2024 to the Arizona health innovation trust fund established by section 41-177, Arizona Revised Statutes.
B. The legislature intends that the Arizona health innovation trust fund, consisting of monies appropriated by the legislature, earnings from the fund and gifts or grants donated or given to the fund as prescribed by section 41-177, subsection B, Arizona Revised Statutes, steadily grow to ultimately maintain a permanent endowment balance of at least $200,000,000.
