HB 2960 Arizona House · 57th Legislature - First Regular Session

state budget implementation; 2025-2026

HB 2960 is a budget implementation bill for Arizona's 2025-2026 fiscal year. It requires unrestricted federal funds received between July 1, 2025, and June 30, 2026, to be deposited into the state general fund for essential government services, with retroactive application starting June 30, 2025. The bill also modifies budget stabilization fund rules, removing the requirement for the legislature to appropriate funds to it for fiscal years 2025-2026 through 2027-2028, and eliminating the 10% revenue cap on the fund for 2025-2026. The bill was vetoed by the governor on June 25, 2025, and did not become law.

Issues: ✓ Budget & Taxes

Bill status vetoed 4 of 5 stages cleared

Introduction

Jun 2025

Committee Review

Jun 2025

House Passage

Jun 2025

Senate Passage

Jun 2025

Vetoed

Jun 2025

Introduced Jun 11, 2025 Vetoed Jun 25, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Introduced Version → House Engrossed Version · 5 edits · Jun 25, 2025

MODERATE

This bill updates Arizona's state budget implementation procedures for the 2025-2026 fiscal year, modifying the director's duties to include consulting with legislative budget units on data management systems, adjusting accounting practices, and establishing exceptions for the budget stabilization fund. The changes also clarify retroactive application of federal monies provisions and remove formatting inconsistencies from the original introduced version.

Scope change

The bill's scope remains focused on state budget implementation, but the applicability of certain provisions was clarified with retroactive language and specific fiscal year exceptions for the budget stabilization fund.

REQUIREMENT

Added requirement for the director to consult with legislative budget units when implementing personnel and financial data management systems

Updated accounting practices section to require consultation with legislative budget units on data management system implementation

FISCAL

Established exceptions for the budget stabilization fund, allowing it to exceed ten percent of state general fund revenue for fiscal year 2025-2026

TIMELINE

Clarified retroactive application of federal monies provisions to apply from and after June 30, 2025

MODIFIED

Removed formatting inconsistencies and standardized bill structure between introduced and engrossed versions

Floor votes · House Jun 13, 2025

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 25, 2025

Vetoed

Vetoed by Governor

executive

Jun 25, 2025

Upper · Passed

PASSED

upper

Jun 13, 2025

Lower · Passed

PASSED

lower

Jun 13, 2025

Lower · Passed

lower

Jun 12, 2025

Lower · Passed

lower

1 primary · 0 co-sponsors