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AZ SB1560

Bill

Official Source

Status

Engrossed

2/27/2026

Primary Sponsor

Tim Dunn

Click for details

Origin

Senate

Fifty-seventh Legislature - Second Regular Session (2026)

AI Summary

  • Increases the maximum single loan amount from the Water Supply Development Revolving Fund from $3,000,000 to $20,000,000 for water supply development projects
  • Maintains the existing $2,000,000 cap on individual grants for water supply development projects
  • Applies to loans made to eligible entities in Arizona for water supply development projects through the Water Infrastructure Finance Authority
  • Preserves existing fund uses including debt refinancing, insurance assistance for local bonds, administrative costs, and water supply studies

Legislative Description

Cap; water supply development fund

Water Supply Development Fund

Last Action

House read second time

3/5/2026

Committee Referrals

Rules3/4/2026
Natural Resources, Energy & Water2/27/2026
Rules2/3/2026
Natural Resources2/3/2026

Full Bill Text

No bill text available