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AZ HB2109
Bill
Status
3/23/2015
Primary Sponsor
Darin Mitchell
Click for details
AI Summary
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Amends Arizona Revised Statutes Section 35-454 regarding municipal bond elections and informational pamphlets.
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Requires ballot language stating "bond approval, yes" and "bond approval, no" for bonds to be repaid with secondary property taxes, with specific authorization and rejection statements on the ballot.
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Clarifies that voters must signify their desired choice on ballots for secondary property tax bond authorization.
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Maintains existing requirements for informational pamphlets to include bond amount, interest rate, debt retirement schedules, tax impacts, and arguments for and against the bond authorization.
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Changes terminology from "per cent" to "percent" in statutes describing valuation growth projections and tax impact calculations.
Legislative Description
Ballot; form; secondary property taxes
Last Action
Chapter 48
3/23/2015