Bill Text: AZ SB1440 | 2012 | Fiftieth Legislature 2nd Regular | Introduced

---

Bill Title: Expenditure limit; penalty waiver; Miami

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-02-01 - Referred to Senate FIN Committee [SB1440 Detail]

Download: Arizona-2012-SB1440-Introduced.html

---

 

 

 

REFERENCE TITLE: expenditure limit; penalty waiver; Miami

 

 

 

State of Arizona

Senate

Fiftieth Legislature

Second Regular Session

2012

 

 

SB 1440

 

Introduced by

Senator Allen

 

 

AN ACT

 

relating to municipal expenditure limitations.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

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

Section 1.  Town of Miami; waiver of penalties for exceeding expenditure limitation

The penalties prescribed by section 41-1279.07, subsections G and H, Arizona Revised Statutes, are waived for excess expenditures of local revenues by the town of Miami for fiscal years 2008-2009, 2009-2010, 2010‑2011 and 2011-2012.

Sec. 2.  Retroactivity

This act is effective retroactively to from and after June 30, 2008.