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Governor Ducey signs Prop 123 and 124

Posted at 5:42 PM, May 26, 2016
and last updated 2016-05-26 22:04:23-04

The May 17 special election results have been certified. 

Proposition 123 and Proposition 124 have been signed into law by Governor Doug Ducey.

 

 

Prop 123 will boost funding for K-12 schools. It will help to add $3.5 billion in new spending over ten years. 

Prop 124 will change the state's public safety personal retirement system.

It is going to replace the current system with a cost of living adjustment that follows inflation capped at 2 percent.