Bill Text: AZ SB1149 | 2013 | Fifty-first Legislature 1st Regular | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Insurance; principle-based valuation; reserves

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2013-04-04 - Governor Signed [SB1149 Detail]

Download: Arizona-2013-SB1149-Introduced.html

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REFERENCE TITLE: technical correction; revenue bond authority

 

 

 

State of Arizona

Senate

Fifty‑first Legislature

First Regular Session

2013

 

 

SB 1149

 

Introduced by

Senator McComish

 

 

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