Plain English Breakdown
The bill states 'notwithstanding any other law,' which confirms it overrides conflicting laws, but does not specify exceptions.
HB2115: Limit on Administrative Costs
This bill limits how much money Arizona budget units and political subdivisions can spend on administration to no more than 8% of the public funds they receive.
What This Bill Does
- Caps administrative spending at 8% of total public monies received for those costs.
- Applies to any budget unit or political subdivision in Arizona that receives public money.
- Overrides other laws if they allow higher administrative cost limits.
- Adds a new section, 35-198, to the state statutes.
Who It Names or Affects
- State budget units that receive public monies for administrative costs.
- Political subdivisions of Arizona that manage public funds.
Limits and Unknowns
- The bill does not define exactly which expenses count as 'administrative costs'.
- It is unclear how this rule applies if a unit receives money from multiple sources with different rules.
- The effective date of the law is not listed in the provided text.