Arizona HB2115 limits administrative costs to 8% of public monies for budget units and political subdivisions.
Arizona HB2115 amends title 35, chapter 1, article 5, Arizona Revised Statutes, by adding section 35-198. This section states that budget units or political subdivisions receiving public monies for administrative costs can use no more than eight percent of the total public monies for these costs. This provision applies regardless of other laws.
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