REFERENCE TITLE: appropriation; financing agreement; retirement; defeasance

State of Arizona

House of Representatives

Fifty-fourth Legislature

Second Regular Session

2020

HB 2666

Introduced by

Representatives Cobb: Barto, Biasiucci, Blackman, Bolick, Bowers, Carroll, Dunn, Finchem, Grantham, Kern, Nutt, Osborne, Petersen, Shope, Toma, Udall

AN ACT

Appropriating monies to the department of administration.

(TEXT OF BILL BEGINS ON NEXT PAGE)

Be it enacted by the Legislature of the State of Arizona:

Section 1. Appropriation; department of administration; financing agreement

The sum of $81,000,000 is appropriated from the state general fund in fiscal year 2020-2021 to the department of administration to pay for the retirement or defeasance of the financing agreement entered into pursuant to Laws 2016, chapter 119, section 24.