Arizona HB4140 mandates budget savings and restricts budget stabilization fund transfers for fiscal years 2026-2027 and 2027-2028.
Arizona HB4140 requires the governor to include a comprehensive list of savings initiatives in the budget submission for fiscal year 2027-2028. It mandates that savings from government efficiency and reform initiatives be accounted for in the budget. The bill exempts the legislature from appropriating or transferring funds from the budget stabilization fund for fiscal years 2026-2027 and 2027-2028, and it prohibits the transfer of surplus funds from the budget stabilization fund to the state general fund for fiscal year 2026-2027.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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