AZ HB2452

Amends Arizona Revised Statutes Section 35-511 to correct the definition of "political subdivision" by changing "agriculture improvement district" to "agricultural improvement district."

Changes the phrase "which has the power to issue bonds" to "that is created by a law of this state and that has the power to issue bonds" in the definition of political subdivision.

Makes technical grammatical corrections to statutory language related to bond definitions and federal income tax considerations.

Does not substantively change the meaning or application of bond-related statutes, serving as a technical correction bill.