Bill Text: AZ SB1049 | 2011 | Fiftieth Legislature 1st Regular | Introduced
Bill Title: Technical correction; revenue bond authority
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-01-11 - Referred to Senate RULES Committee [SB1049 Detail]
Download: Arizona-2011-SB1049-Introduced.html
PREFILED JAN 07 2011
REFERENCE TITLE: technical correction; revenue bond authority |
State of Arizona Senate Fiftieth Legislature First Regular Session 2011
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SB 1049 |
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Introduced by Senator McComish
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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.