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AZ HB2040

Bill

Status

Engrossed

3/27/2023

Primary Sponsor

Selina Bliss

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - First Regular Session (2023)

AI Summary

  • Amends section 35-726 of the Arizona Revised Statutes relating to industrial development bonds and approval requirements
  • Changes the population threshold for corporations exempt from department approval from seven percent to three percent of total state population
  • Maintains the 30-day approval timeline for general plans and project approvals by governing bodies and the Arizona Department of Housing
  • Keeps existing fee structure at $10,000 for general plan reviews and $5,000 for project approval requests, with reimbursement of actual costs

Legislative Description

Industrial development bonds; preapproval; threshold

Public Finances - Title 35

Last Action

Assigned to Senate RULES Committee

7/31/2023

Committee Referrals

Rules3/23/2023
Rules1/17/2023
Appropriations1/17/2023
Ways and Means1/17/2023

Full Bill Text

No bill text available