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AZ SB1422

Bill

Status

Engrossed

2/27/2026

Primary Sponsor

Hildy Angius

Click for details

Origin

Senate

Fifty-seventh Legislature - Second Regular Session (2026)

AI Summary

  • Continues the Credit Enhancement Eligibility Board with a new termination date of July 1, 2036, replacing the previous sunset provision
  • Repeals the existing section 41-3026.01 and creates new section 41-3036.01 to govern the board's termination
  • Delays full repeal of governing statutes until January 1, 2037, contingent on the board having no outstanding program funding obligations or guaranteed financings
  • Provides automatic repeal 30 days after outstanding obligations are resolved if conditions are not met by January 1, 2037
  • States the board's purpose is to assist public schools in obtaining more favorable financing

Legislative Description

Credit enhancement eligibility board; continuation

Repeal

Last Action

House consent calendar

3/16/2026

Committee Referrals

Rules3/4/2026
Education2/27/2026
Rules1/27/2026
Education Accountability and Reform1/27/2026

Full Bill Text

No bill text available