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AZ SB1187
Bill
Status
Introduced
1/20/2016
Primary Sponsor
Debbie Lesko
Click for details
AI Summary
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Amends Arizona Revised Statutes section 35-465 to make technical corrections and clarify definitions related to tax anticipation notes.
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Removes redundant language defining "city" to eliminate duplication regarding towns incorporated under Arizona law.
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Clarifies that "taxes" excludes ad valorem taxes for bonded indebtedness and certain designated taxes like motor vehicle fuel taxes that must be used for specified purposes.
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Corrects grammatical error by changing "does" to "do" in the definition of "taxes" to ensure proper subject-verb agreement.
Legislative Description
Tax notes; definitions; technical correction
Last Action
Referred to Senate RULES Committee
1/21/2016
Full Bill Text
No bill text available