summary
Introduced
01/27/2026
01/27/2026
In Committee
02/09/2026
02/09/2026
Crossed Over
02/27/2026
02/27/2026
Passed
Dead
Introduced Session
Fifty-seventh Legislature - Second Regular Session (2026)
Bill Summary
AN ACT repealing section 41-3026.01, Arizona Revised Statutes; amending title 41, chapter 27, article 2, Arizona Revised Statutes, by adding section 41-3036.01; relating to the credit enhancement eligibility board.
AI Summary
This bill repeals an existing law related to the Credit Enhancement Eligibility Board and establishes a new termination date for the board, which is designed to help public schools secure better financing terms. Specifically, the bill sets the termination date for the Credit Enhancement Eligibility Board as July 1, 2036, and outlines conditions under which certain related statutes will be repealed on January 1, 2037, or 30 days after those conditions are met, provided there are no outstanding program funding obligations or guaranteed financings associated with the board. The bill also states the legislature's intent to continue the board's existence to aid public schools in obtaining more favorable financing and makes these changes retroactive to July 1, 2026.
Committee Categories
Education
Sponsors (1)
Last Action
Transmit to House (on 02/27/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.azleg.gov/BillStatus/BillOverview/84977 |
| BillText | https://www.azleg.gov/legtext/57leg/2r/bills/sb1422s.htm |
| Analysis - SENATE FACT SHEET: 02/02/2026 ED | https://apps.azleg.gov/BillStatus/GetDocumentPdf/535796 |
| BillText | https://www.azleg.gov/legtext/57leg/2r/bills/sb1422p.htm |
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