technical correction; power authority; monies
SB 1453 is a technical correction to Arizona Revised Statutes Section 30-202, clarifying how the Arizona Power Authority manages its funds. It specifies that legislative appropriations must be tracked as "appropriated funds" separately from operational funds, and restricts debt reserve funds to only paying bond principal/interest. This directly affects the Power Authority's accounting practices, requiring separate fund classifications and prohibiting use of debt reserves for other purposes. The bill makes no substantive policy changes but ensures precise financial management under existing law.
Bill status
introduced
1 of 4 stages cleared
Introduction
Jun 2026
Committee Review
Floor Vote
Governor
Introduced Jun 12, 2026
Last action Jun 12, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Dave Farnsworth
RRepublican
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