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AZ SB1441
Bill
Status
Engrossed
2/22/2021
Primary Sponsor
David Livingston
Click for details
AI Summary
- Appropriates $171,550,000 from the state general fund in fiscal year 2021-2022 to the school facilities board.
- Funds are designated for the retirement or defeasance of a financing agreement established under Laws 2015, chapter 15, section 16.
- Defeasance allows the state to satisfy the financing agreement obligation without full repayment by establishing a fund to pay future obligations.
Legislative Description
Financing agreement; retirement; defeasance; appropriation
Retirement
Last Action
House APPROP Committee action: Do Pass, voting: (7-6-0-0-0-0)
3/30/2021
Committee Referrals
Rules3/2/2021
Appropriations2/22/2021
Rules1/28/2021
Appropriations1/27/2021
Full Bill Text
No bill text available