Senate Bill 1298 Summary

• Amends section 48-805 to authorize fire districts to lease, lease-purchase, or grant liens on property to pay amounts to the public safety personnel retirement system, pension prefunding plan investment accounts, and the Arizona employers' pension prefunding plan, and to create reserves for supplementing such payments.

• Renumbers existing subsections in section 48-805, subsection B to accommodate the new pension liability financing provision as paragraph 3, with subsequent paragraphs renumbered accordingly.

• Updates terminology throughout sections 9-955 and 48-805.02 to replace "chairman" with "chairperson" and "which" with "that" for consistency and modernization.

• Modifies section 48-805.02 to clarify that budget certifications and audit attestations reference both paragraphs 2 and 3 of section 48-805, subsection B, relating to property acquisition and pension liability financing provisions.

• Designates the act as an emergency measure operative immediately upon enactment.