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AZ SB1453
Bill
Status
Passed
5/22/2017
Primary Sponsor
Gail Griffin
Click for details
AI Summary
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Amends section 48-1041 to authorize county boards of supervisors to pay for rural road improvement costs, including preliminary incidental costs.
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Expands financing options for rural road improvement districts in section 48-1044 by allowing districts to issue improvement bonds payable over not more than ten years, in addition to general obligation bonds.
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Clarifies that rural road improvement projects may be financed from bond proceeds, county contributions, state or federal grants, private contributions, and other available monies by law.
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Bill became effective upon governor approval on May 22, 2017.
Legislative Description
Road improvement districts; financing
Special Taxing Districts
Last Action
Chapter 341
5/22/2017
Full Bill Text
No bill text available