Arizona legislation · Fifty-seventh Legislature - First Regular Session (2025)
Arizona HB2679: power; public utilities; UCC; securities
Status: Chaptered, May 13, 2025
HB2679 - power; public utilities; UCC; securities
What the bill says
Amending title 30, Arizona Revised Statutes, by adding chapter 7; amending title 40, Arizona Revised Statutes, by adding chapter 3; amending section 47-9109, Arizona Revised Statutes; relating to public utilities.
From the chaptered text, May 16, 2025:
amending title 30, Arizona Revised Statutes, by adding chapter 7; amending title 40, Arizona Revised Statutes, by adding chapter 3; amending section 47-9109, Arizona Revised Statutes; relating to public utilities. (TEXT OF BILL BEGINS ON NEXT PAGE) Section 1. Title 30, Arizona Revised Statutes, is amended by adding chapter 7, to read: CHAPTER 7 UTILITY SECURITIZATION ARTICLE 1. GENERAL PROVISIONS START_STATUTE30-901. Definitions In this chapter, unless the context otherwise requires: 1. "Ancillary agreement" means any of the following: (a) A bond. (b) An insurance policy. (c) A letter of credit. (d) A reserve account. (e) An interest rate lock or swap arrangement. (f) A hedging arrangement. (g) A liquidity or credit support arrangement. (h) Any other similar agreement, instrument or arrangement that is entered into in connection with the issuance of Transition Bonds and that is designed to promote the credit quality and marketability of the Transition Bonds or to reduce or mitigate the risk of an increase in any Financing Cost. 2. "Customer" means a person or entity within this state to whom one of the following applies: (a) Regardless of the identity of the person's or entity's electric generation supplier and without regard to whether the person or entity also receives service from other electric service providers, the person or entity receives retail electric utility service, whether directly …
Sponsors
- Gail Griffin (R, HD-019) · primary sponsor
- Leo Biasiucci (R, HD-030)
- Blackman, Walt (R, HD-007)
- Blattman, Seth (D, HD-009)
- Selina Bliss (R, HD-001)
- Michael Carbone (R, HD-025)
- Neal Carter (R, HD-015)
- Pamela Carter (R, HD-004)
- Joseph Chaplik (R, HD-003)
- Connolly, Janeen (D, HD-008)
- Diaz, Lupe (R, HD-019)
- Lisa Fink (R, HD-027)
Latest actions
- : Chapter 207
- : Governor Signed
- : Transmitted to Governor
- : Passed
- : Passed
- : do pass amended
- : Rules: proper for consideration
- : Assigned to Rules
- : Natural Resources: do pass
- : Assigned to Natural Resources
Votes
- House - Third Reading (May 7, 2025): 43 yea, 15 nay, passed
- House - Concurrence (May 7, 2025): 0 yea, 0 nay, passed
- Senate - Third Reading (May 6, 2025): 17 yea, 11 nay, passed
- Senate - Committee of the Whole (DPA) (May 6, 2025): 0 yea, 0 nay, passed
- Senate Rules Committee Action (PFC) (March 31, 2025): 0 yea, 0 nay, passed
- Senate Natural Resources Committee Action (DP) (March 25, 2025): 4 yea, 3 nay, passed
Common questions
- What is HB2679?
- HB2679 is a bill in the Arizona Legislature (Fifty-seventh Legislature - First Regular Session (2025)): power; public utilities; UCC; securities.
- What does HB2679 do?
- In its own words: Amending title 30, Arizona Revised Statutes, by adding chapter 7; amending title 40, Arizona Revised Statutes, by adding chapter 3; amending section 47-9109, Arizona Revised Statutes; relating to public utilities.
- What is the status of HB2679?
- Chaptered as of May 13, 2025. Latest action: Chapter 207 (May 13, 2025).
- Who sponsored HB2679?
- Gail Griffin (R, HD-019), with 11 co-sponsors.
- Where is the official record for HB2679?
- On the Arizona Legislature website: https://apps.azleg.gov/BillStatus/BillOverview/82594/?SessionId=129
Source: official Arizona record. Tracked by Delilah, AI for legislation across all 50 states and Congress.