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AZ HB2117

Bill

Status

Introduced

1/10/2012

Primary Sponsor

Carl Seel

Click for details

Origin

House of Representatives

Fiftieth Legislature - Second Regular Session (2012)

AI Summary

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

  • Allows the authority to issue bonds when other financing methods are deemed 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 statute.

  • Characterized as a technical correction to existing revenue bond authority provisions.

Legislative Description

Technical correction; revenue bond authority

Last Action

Introduced

1/10/2012

Full Bill Text

No bill text available