The proposed bill seeks to amend section 30-221 of the Arizona Revised Statutes, specifically regarding the Arizona power authority's financing methods. The current law allows the authority to issue bonds when it finds other financing methods inadequate for acquiring or constructing transmission lines, projects, works, or facilities. This provision remains unchanged.

The bill introduces new language that clarifies the authority's ability to issue bonds independently or in conjunction with other plans, while deleting the introductory phrase "A." from the current statute. This update aims to streamline the language without altering the substantive provisions regarding the authority's financing capabilities.

Statutes affected:
Introduced Version: 30-221