Plain English Breakdown
The official source confirms the amount and destination of funds but does not detail how grants will be awarded or distributed beyond referencing the existing statute.
HB2519: Funding for Water Conservation Grants
This bill moves $100 million from the state general fund to a specific account that gives money for water-saving projects.
What This Bill Does
- Sets aside $100,000,000 from the state's main budget.
- Sends this money to the Water Conservation Grant Fund.
- Uses funds available in fiscal year 2026-2027.
Who It Names or Affects
- The State of Arizona
- Agencies or groups that receive grants from the Water Conservation Grant Fund
Terms To Know
- Appropriation
- A formal decision by lawmakers to set aside money for a specific purpose.
- Fiscal year
- The one-year period used by the government for budgeting and accounting, which runs from July 1 to June 30 in Arizona.
Limits and Unknowns
- The bill does not say exactly how much each project will receive.
- No information is given about when the money must be spent within the fiscal year.