AZ SB1341

Amends Arizona Revised Statutes Section 35-511 to make technical corrections to definitions related to bonds and tax considerations.

Changes "agriculture improvement district" to "agricultural improvement district" for grammatical accuracy.

Updates language in the definition of "political subdivision" from "which" to "and that" for improved grammar and clarity.

Adds "that is" to the definition of "political subdivision" to clarify that entities must be created by state law and possess the power to issue bonds.

Maintains existing definitions of "bond," "rebate," and "treasurer" without substantive changes.