If enacted, this bill would amend Arizona Revised Statutes by adding a new section that prohibits public service corporations or public power entities regulated by the Arizona Corporation Commission (ACC) from employing or entering into independent contractor agreements with individuals who served as commissioners within the preceding two calendar years. This new provision aims to prevent potential conflicts of interest and ensure the integrity of the regulatory process.

The bill introduces specific language that clarifies the time frame during which former commissioners are restricted from such employment or agreements, explicitly stating "TWO calendar years." This addition modifies the existing legal framework without altering any other current statutes, thereby enhancing the regulatory oversight of the ACC while maintaining the integrity of its operations.

Statutes affected:
Introduced Version: 40-104
House Engrossed Version: 40-104