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AZ HB2201

Bill

Status

Introduced

1/17/2017

Primary Sponsor

Mark Finchem

Click for details

Origin

House of Representatives

Fifty-third Legislature - First Regular Session (2017)

AI Summary

  • 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.

  • Report must detail long-term notes, certificates of participation, revenue bonds, and bonds issued under section 15-1682.03.

  • 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.

  • Defines "university debt and obligations" as debt where principal and interest payments are paid in whole or in part with university monies.

  • Effective date is June 30, 2018.

Legislative Description

University debt obligations; report

Education

Last Action

House read second time

1/18/2017

Full Bill Text

No bill text available