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Code · Arizona · Title 41 — Public Resources

41-740.01. Arizona financial information system collections fund; purpose; transaction fee; joint legislative budget committee; annual report

147 words·~1 min read·/az/title-41/41-740-01

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A. The Arizona financial information system collections fund is established consisting of monies collected pursuant to subsection C of this section. The department shall administer the fund. Monies in the fund are subject to legislative appropriation. Monies in the fund are exempt from the provisions of section 35-190 relating to lapsing of appropriations.
B. Monies in the fund shall be used to reimburse the department for the costs of operating the Arizona financial information system.
C. The department may charge a transaction fee to each state agency that uses the Arizona financial information system. The department shall submit a proposed transaction fee to the joint legislative budget committee before establishing or changing the fee. On or before December 1 of each year, the department shall submit a report to the joint legislative budget committee on the Arizona financial information system transaction count by agency and fund source.
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