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AZ HB4081

AZ HB4081
Technical correction; revenue bond authority


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

Fifty-seventh Legislature - Second Regular Session (2026)

Bill Summary

AN ACT amending section 30-221, Arizona Revised Statutes; relating to Arizona power authority.

AI Summary

This bill makes a technical correction to Arizona law regarding the Arizona Power Authority's ability to issue revenue bonds, which are a type of debt financing where the repayment is tied to the revenue generated by a specific project. Specifically, it amends section 30-221 of the Arizona Revised Statutes by removing the letter "A." from the beginning of the section, which deals with the authority's power to issue these bonds when other financing methods are deemed unsuitable for acquiring or constructing transmission lines, projects, works, or facilities.

Sponsors (1)

Last Action

(on 01/01/1900)

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