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AZ HB2109

Bill

Status

Passed

3/23/2015

Primary Sponsor

Darin Mitchell

Click for details

Origin

House of Representatives

Fifty-second Legislature - First Regular Session (2015)

AI Summary

  • Amends Arizona Revised Statutes Section 35-454 regarding municipal bond elections and informational pamphlets.

  • 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.

  • Clarifies that voters must signify their desired choice on ballots for secondary property tax bond authorization.

  • 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.

  • 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

Full Bill Text

No bill text available