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AZ HB2201
Bill
Status
1/17/2017
Primary Sponsor
Mark Finchem
Click for details
AI Summary
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Requires the Arizona Board of Regents to submit an annual report by October 1 to the Joint Legislative Budget Committee and Governor's Office of Strategic Planning and Budgeting on all university debt and obligations.
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Report must detail long-term notes, certificates of participation, revenue bonds, and bonds issued under section 15-1682.03.
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Report must include aggregate outstanding principal, principal and interest payments by debt type, and itemization by campus and project for the most recent and next five fiscal years.
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Defines "university debt and obligations" as debt where principal and interest payments are paid in whole or in part with university monies.
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Effective date is June 30, 2018.
Legislative Description
University debt obligations; report
Education
Last Action
House read second time
1/18/2017