HB 2699 Summary

• Adds new subsection J to section 48-806 specifying that when a fire district with outstanding bonded indebtedness merges or consolidates, the debt remains with only the portion of the resulting district that originally approved the bonds.

• Allows the board of supervisors to levy taxes for bond payment only on the taxable property of the portion of the resulting district that approved the original bonds, not on the entire merged or consolidated district.

• Makes clarifying language changes throughout Arizona Revised Statutes sections 48-806 and 48-815.01, replacing archaic terms like "prior to" with "before" and "chairman" with "chairperson."

• Updates section 48-815.01 regarding district dissolution procedures to reference the new bonding provisions in subsection J of section 48-806.