AZ HB2607

Amends Arizona Revised Statutes Section 15-994 regarding state equalization assistance property tax levy procedures and county assessor reporting requirements to the superintendent of public instruction.

Allows a school district in a county with a population under 10,000 persons (per 2010 census) and with 300-400 average daily membership pupils in fiscal year 2016-2017 to incur liabilities exceeding the school district budget by a specified dollar amount in fiscal year 2018-2019 without prior approval from the school facilities board, county school superintendent, or county board of supervisors.

The bill contains blank spaces for the specific dollar amount and the authorized use of funding, indicating the bill text is incomplete or in draft form.