Bill > HB2184

This bill appropriates a total of $500,000 from the Arizona state general fund in fiscal year 2025-2026, with $250,000 going directly to the Arizona Health Innovation Trust Fund and another $250,000 allocated to the state treasurer to support a specific pilot program. The legislature's intent is for this trust fund to grow over time, with a long-term goal of establishing a permanent endowment of at least $200 million. The fund will be composed of legislative appropriations, earnings from investments, and potential donations or grants. Notably, the appropriation for the pilot program is exempted from standard state rules about lapsing appropriations, which means the funds will not automatically expire at the end of the fiscal year. While the specific details of the pilot program are not elaborated in this bill text, it references existing statutory provisions (section 41-177) that likely outline the program's specific requirements and objectives related to health innovation.

Budget and Finance, Business and Industry, Health and Social Services

https://apps.azleg.gov/BillStatus/BillOverview/81885