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AZ SB1085

Bill

Status

Introduced

1/12/2016

Primary Sponsor

Don Shooter

Click for details

Origin

Senate

Fifty-second Legislature - Second Regular Session (2016)

AI Summary

  • Amends section 30-221 of Arizona Revised Statutes relating to the Arizona Power Authority's authority to issue revenue bonds.

  • Allows the Arizona Power Authority to issue revenue bonds when other financing methods or procedures are found to be 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 the statute.

Legislative Description

Technical correction; revenue bond authority

Last Action

Referred to Senate RULES Committee

1/13/2016

Full Bill Text

No bill text available