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SB 1453·AZ·senate

technical correction; power authority; monies

In CommitteeFiled Jun 12, 2026
Sponsor: Dave Farnsworth (R)
Latest Action

Senate First Reading

Jun 12, 2026

Summary

The bill revises the definition of funds for the state power authority, separating appropriated money from operating money and establishing a dedicated debt reserve fund. It also removes several standard state budgeting rules from applying to the authority’s finances, preventing forced transfers to the general fund. The changes are meant to improve financial tracking and control.

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