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AZ SB1081

Bill

Official Source

Status

Introduced

1/20/2015

Primary Sponsor

Nancy Barto

Click for details

Origin

Senate

Fifty-second Legislature - First Regular Session (2015)

AI Summary

  • Amends Arizona Revised Statutes section 35-511 to make technical corrections to the definition of "political subdivision" in bond-related statutes.

  • Changes "agriculture improvement district" to "agricultural improvement district" for proper grammatical usage.

  • Replaces "which" with "and that" in the definition of political subdivision to improve grammatical clarity and consistency.

  • Maintains existing definitions of "bond," "rebate," and "treasurer" related to tax-exempt bond issuance and federal income tax considerations.

Legislative Description

Technical correction; bonds; tax considerations

Last Action

Referred to Senate RULES Committee

1/21/2015

Full Bill Text

No bill text available