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Senate Engrossed House Bill
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State of Arizona
House of Representatives
Forty-fifth Legislature
First Regular Session
2001
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HOUSE BILL 2205
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AN ACT
MAKING APPROPRIATIONS TO THE DEPARTMENT OF COMMERCE FOR IMPLEMENTATION OF ARIZONA PARTNERSHIP FOR THE NEW ECONOMY INITIATIVES.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Appropriations; purpose; exemption
A. The sum of $1,500,000 is appropriated from the state general fund in each of fiscal years 2001-2002 and 2002-2003 to the department of commerce for implementation of initiatives associated with the Arizona partnership for the new economy. The department shall use monies for initiatives relating to telecommunications infrastructure development, electronic government, high technology industry cluster business development and coordination, electronic learning, entrepreneurial business assistance and new economy marketing development.
B. The appropriations made in subsection A of this section are exempt from the provisions of section 35-190, Arizona Revised Statutes, relating to lapsing of appropriations, except that monies remaining unexpended and unencumbered on June 30, 2003 revert to the state general fund.