Arizona legislation · Fifty-seventh Legislature - Second Regular Session (2026)
Arizona HB2981: technical correction; housing trust fund
Status: In committee, June 13, 2026
HB2981 - technical correction; housing trust fund
What the bill says
An act Amending section 41-3955, arizona revised statutes; relating to housing.
From the introduced text, February 2, 2026:
AN ACT Amending section 41-3955, arizona revised statutes; relating to housing. (TEXT OF BILL BEGINS ON NEXT PAGE) Section 1. Section 41-3955, Arizona Revised Statutes, is amended to purpose; annual report A. The housing trust fund is established, and the director shall administer the fund. The fund consists of monies from unclaimed property deposited in the fund pursuant to section 44-313, monies transferred pursuant to section 35-751 and investment earnings. B. On notice from the department, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund. C. Except as provided in subsection D of this section, fund monies shall be spent on approval of the department for developing projects and programs connected with providing housing opportunities for low and moderate income households and for housing affordability programs. A portion of fund monies shall be used exclusively for housing in rural areas. D. Fund monies may be spent on constructing or renovating facilities and on housing assistance, including support services. Fund monies shall be awarded in the following order of priority for the first four months of each fiscal year: 1. Constructing or renovating emergency shelter facilities or for any operational expenses for emergency shelter services. 2. Constructing or renovating transitional housing units. 3. …
Sponsors
- Tsosie, Myron (D, HD-006) · primary sponsor
Latest actions
- : Assigned to Rules
- : Introduced and first read
Common questions
- What is HB2981?
- HB2981 is a bill in the Arizona Legislature (Fifty-seventh Legislature - Second Regular Session (2026)): technical correction; housing trust fund.
- What does HB2981 do?
- In its own words: An act Amending section 41-3955, arizona revised statutes; relating to housing.
- What is the status of HB2981?
- In committee as of June 13, 2026. Latest action: Assigned to Rules (June 13, 2026).
- Who sponsored HB2981?
- Tsosie, Myron (D, HD-006).
- Where is the official record for HB2981?
- On the Arizona Legislature website: https://apps.azleg.gov/BillStatus/BillOverview/85327/?SessionId=130
Source: official Arizona record. Tracked by Delilah, AI for legislation across all 50 states and Congress.