AZ HB2101

Amends Arizona Revised Statutes Section 35-465 to modify definitions related to tax anticipation notes.

Clarifies that "city" definition includes towns incorporated under Arizona law.

Revises the definition of "municipal corporation" to remove redundant language regarding similar municipal corporations required to adopt budgets.

Corrects grammatical language in the "taxes" definition, changing "does not" to "do not" to match plural usage.

Specifies that "taxes" excludes ad valorem taxes for bonded indebtedness and certain earmarked sales or transaction privilege taxes like motor vehicle fuel taxes.