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AZ SB1184
Bill
Status
1/20/2016
Primary Sponsor
Debbie Lesko
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AI Summary
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Amends Arizona Revised Statutes Section 35-511 to make technical corrections to the definitions section relating to bonds and federal income tax considerations.
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Changes "agriculture improvement district" to "agricultural improvement district" for grammatical accuracy.
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Replaces "which" with "and that" in the definition of "political subdivision" to improve grammatical construction.
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Clarifies that a political subdivision is an entity "that is created by a law of this state" rather than using the previous phrasing.
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Makes no substantive changes to bond law or tax policy; focuses solely on correcting grammar and language in existing statutory definitions.
Legislative Description
Technical correction; bonds; tax considerations
Last Action
Referred to Senate RULES Committee
1/21/2016