Bill > HB2265

This bill makes a technical correction to section 30-221 of the Arizona Revised Statutes regarding the Arizona Power Authority's revenue bond authority. Specifically, the bill removes the explicit lettering "A." at the beginning of the section while maintaining the substantive language that allows the Arizona Power Authority to issue revenue bonds when other financing methods are deemed inadvisable, inadequate, or insufficient for acquiring or constructing transmission lines, projects, works, or facilities. The bill enables the Authority to issue these bonds independently or in conjunction with other financing plans provided in the relevant chapter of state law. This appears to be a minor technical amendment aimed at streamlining the statutory language without changing the fundamental power or purpose of the Authority's revenue bond issuance capabilities.

https://apps.azleg.gov/BillStatus/BillOverview/82028