Arizona legislation · Fifty-seventh Legislature - Second Regular Session (2026)
Arizona SB1453: technical correction; power authority; monies
Status: In committee, June 12, 2026
SB1453 - technical correction; power authority; monies
What the bill says
An act amending section 30-202, Arizona Revised Statutes; relating to the arizona power authority.
From the introduced text, January 26, 2026:
AN ACT amending section 30-202, Arizona Revised Statutes; relating to the arizona power authority. (TEXT OF BILL BEGINS ON NEXT PAGE) Section 1. Section 30-202, Arizona Revised Statutes, is amended to debt reserve fund; application of general fiscal laws A. Any funds made available to the authority by legislative appropriation shall be classified "appropriated funds." All other funds derived from operations or otherwise acquired or accruing to the authority shall be classified "operation funds." Appropriate classifications and designations shall be set up in the authority accounting records as set forth by section 30-103 to provide for accurate and systematic control and allotment of all monies received, including a debt reserve fund embracing all monies required for the payment of principal and interest on revenue bonds, and any and all other obligations for which a reserve is required. No withdrawals from the debt reserve fund shall be made except for the express purposes for which the monies have been deposited therein. B. The provisions of chapter 1, title 35, chapter 1 not in conflict with this article shall, as far as applicable, shall apply to the handling and disbursement of appropriated funds of the authority. The fiscal year of the authority shall not be divided into fiscal quarters, and appropriated monies shall be placed in separate funds as budgeted and not …
Sponsors
- David Farnsworth (R, SD-010) · primary sponsor
Latest actions
- : Assigned to Rules
- : Introduced and first read
Common questions
- What is SB1453?
- SB1453 is a bill in the Arizona Legislature (Fifty-seventh Legislature - Second Regular Session (2026)): technical correction; power authority; monies.
- What does SB1453 do?
- In its own words: An act amending section 30-202, Arizona Revised Statutes; relating to the arizona power authority.
- What is the status of SB1453?
- In committee as of June 12, 2026. Latest action: Assigned to Rules (June 12, 2026).
- Who sponsored SB1453?
- David Farnsworth (R, SD-010).
- Where is the official record for SB1453?
- On the Arizona Legislature website: https://apps.azleg.gov/BillStatus/BillOverview/85037/?SessionId=130
Source: official Arizona record. Tracked by Delilah, AI for legislation across all 50 states and Congress.