Bill Text: AZ HB2416 | 2022 | Fifty-fifth Legislature 2nd Regular | Introduced
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 |
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State of Arizona House of Representatives Fifty-fifth Legislature Second Regular Session 2022
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HB 2416 |
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Introduced by Representative Parker
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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:
30-221. 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.
