ArizonaArizona Power Authority could borrow when other financing falls short
Under the proposal, the Arizona Power Authority could issue bonds to buy or build power facilities if it finds other financing unsuitable or insufficient.
What it does
Under the proposal, the Arizona Power Authority could borrow through bonds to buy or build power facilities when it finds other financing unsuitable, inadequate, or insufficient.
Argument forBonds could help the Arizona Power Authority finance power facilities when other financing methods are unsuitable or cannot meet its needs.
Argument againstUsing bonds could leave the Arizona Power Authority with debts to repay when other ways to finance its facilities fall short.
More detail
The Arizona Power Authority could borrow money by issuing bonds under the proposed wording. The provision covers buying or building transmission lines and other power projects or facilities. The authority must find other financing methods unsuitable, inadequate, or insufficient. It may issue bonds alone or alongside other financing plans allowed by the chapter, following the article's bond rules.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 13House First Reading.Introduced
Environment & EnergyTaxes & Budget