Bill > HCR2015

This joint resolution establishes a comprehensive framework for handling certain types of federal funds, known as "noncustodial federal monies," in Arizona beginning January 1, 2027. The resolution defines noncustodial federal monies as block grants, general revenue sharing funds, or federal funds that provide the state broad spending discretion, while explicitly excluding certain types of federal funds like university research grants and military department funds. Under the new provisions, budget units receiving these funds must maintain separate accounting records, and the state legislature retains the authority to appropriate these funds. The legislature must specify the purposes for using these funds and can make lump sum appropriations for unanticipated federal monies, subject to review by the joint legislative budget committee. The resolution also establishes rules for handling situations where received federal funds are either less or more than appropriated amounts, ensuring proportional adjustments to activities and budget allocations. Importantly, this measure will be submitted to voters for approval at the next general election, requiring voter validation before becoming law.

Budget and Finance

https://apps.azleg.gov/BillStatus/BillOverview/82038