Bill Text: AZ SB1463 | 2014 | Fifty-first Legislature 2nd Regular | Engrossed
Bill Title: Development authority; appointments; board vacancies
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2014-04-02 - House RULES Committee action: Failed To Pass, voting: (0-8-0-1-0) [SB1463 Detail]
Download: Arizona-2014-SB1463-Engrossed.html
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Senate Engrossed |
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State of Arizona Senate Fifty-first Legislature Second Regular Session 2014
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SENATE BILL 1463 |
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AN ACT
amending section 41‑2252, Arizona Revised Statutes; relating to the greater arizona development authority.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 41-2252, Arizona Revised Statutes, is amended to read:
41-2252. Greater Arizona development authority; board; staff; conflict of interest prohibited; violation; classification
A. The greater Arizona development authority is established. The authority shall be governed by a board of directors consisting of the following members:
1. The chief executive officer of the Arizona commerce authority or the director's chief executive officer's designee who shall serve as the chairperson.
2. The director of the department of environmental quality or the director's designee.
3. The director of the department of transportation or the director's designee.
4. The state treasurer or the state treasurer's designee.
5. Five members, one of whom is a representative of a tribal nation of Arizona, appointed by the governor pursuant to section 38‑211. All appointed members shall reside in different counties, and no more than three members may be members of the same political party. If the governor fails to appoint a member to fill a vacancy within six months after the vacancy occurs, the president of the senate shall nominate and with the consent of the senate appoint a member to fill the vacancy.
B. Members appointed by the governor serve staggered five‑year terms.
C. Members of the board are not eligible to receive compensation for their services under this chapter but are eligible for reimbursement of expenses pursuant to title 38, chapter 4, article 2 for their services under this chapter.
D. Members of the board serving under this chapter are public officers for purposes of title 38, chapter 3, article 8, and the authority is a public body for purposes of title 38, chapter 3, article 3.1.
E. No appointed member may serve more than two consecutive terms, except that service for a partial term of less than three years shall not be counted toward the two‑term limitation.
F. The water infrastructure finance authority of Arizona shall provide general administrative support, equipment and office and meeting space to the greater Arizona development authority.
G. The water infrastructure finance authority of Arizona may hire staff to provide administrative and technical assistance on behalf of the greater Arizona development authority. Earnings on the monies in the greater Arizona development authority revolving fund may be used to pay for staff services.
H. Members of the board shall not participate in any direct discussions or actions related to any project financed under this article in which the member has any direct or indirect personal financial interest. For purposes of this subsection, a member of the board who is an employee or official of a participant in or applicant for a loan shall not be considered to have a direct or indirect personal financial interest in a project by virtue of the member's services alone. A violation of this subsection is a class 1 misdemeanor.
Sec. 2. Effective date
This act is effective from and after December 31, 2014.
