SB 1453 Arizona Senate · 57th Legislature - Second Regular Session

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
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P
Photo of Dave Farnsworth
Dave Farnsworth
RRepublican
AZ
10