Bill > HB2967

This bill addresses several financial provisions for higher education in Arizona for fiscal year 2025-2026. First, it modifies the financial aid trust fund matching requirements, allowing the state legislature to match each dollar raised through student registration fee surcharges with less than the typically required $2, providing more flexibility in state funding. Second, the bill specifies that state aid for science, technology, engineering and mathematics (STEM) and workforce programs for community college districts will be determined by the general appropriations act, rather than following the standard statutory guidelines. Third, the bill similarly allows operating state aid for community college districts to be set by the general appropriations act instead of existing statutory provisions. These provisions essentially give the legislature more discretion in funding higher education programs and provide temporary adjustments to standard funding mechanisms for the upcoming fiscal year, likely in response to budgetary constraints or strategic funding priorities.

Budget and Finance

https://apps.azleg.gov/BillStatus/BillOverview/83500