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AZ SB1049

Bill

Official Source

Status

Introduced

1/10/2011

Primary Sponsor

John McComish

Click for details

Origin

Senate

Fiftieth Legislature - First Regular Session (2011)

AI Summary

  • Amends Arizona Revised Statutes Section 30-221 regarding the Arizona Power Authority's authority to issue revenue bonds.

  • Allows the Arizona Power Authority to issue bonds when other financing methods are determined to be inadvisable, inadequate, or insufficient for acquiring or constructing transmission lines, projects, works, or facilities.

  • Permits the Authority to issue bonds independently or in conjunction with any other optional or alternative plans provided in the statute.

Legislative Description

Technical correction; revenue bond authority

Last Action

Referred to Senate RULES Committee

1/11/2011

Full Bill Text

No bill text available