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AZ SB1453

Bill

Official Source

Status

Prefiled

N/A

Primary Sponsor

David Farnsworth

Click for details

Origin

Senate

Fifty-seventh Legislature - Second Regular Session (2026)

AI Summary

  • Amends Arizona Revised Statutes section 30-202 regarding the Arizona Power Authority's handling of appropriated and operation funds
  • Makes a technical correction to statutory references, changing "chapter 1, title 35" to "title 35, chapter 1" throughout the section
  • Maintains existing provisions that exempt the Power Authority from standard fiscal requirements including warrant limitations, quarterly allotments, and lapsing of appropriations
  • Preserves the debt reserve fund requirements for payment of principal and interest on revenue bonds
  • Continues the exemption preventing Power Authority monies from reverting to the state general fund

Legislative Description

Technical correction; power authority; monies

Full Bill Text

No bill text available