Bill Text: AZ HB2416 | 2022 | Fifty-fifth Legislature 2nd Regular | Introduced

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Bill Title: Technical correction; revenue bond authority

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2022-06-23 - Introduced in House and read first time [HB2416 Detail]

Download: Arizona-2022-HB2416-Introduced.html

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REFERENCE TITLE: technical correction; revenue bond authority

 

 

 

 

State of Arizona

House of Representatives

Fifty-fifth Legislature

Second Regular Session

2022

 

 

 

HB 2416

 

Introduced by

Representative Parker

 

 

AN ACT

 

amending section 30-221, Arizona Revised Statutes; relating to Arizona power authority.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1. Section 30-221, Arizona Revised Statutes, is amended to read:

START_STATUTE30-221. Authority to issue revenue bonds

A. When the authority finds other financing methods or procedure inadvisable, inadequate or insufficient to acquire or construct transmission lines, projects, works or facilities, it may independently or in conjunction with any other optional or alternative plans provided in this chapter issue bonds as provided by this article. END_STATUTE