Arizona 55th Legislature - 1st Regular Session Status: Passed House

HB 2122 — bonds; financial advisory fees

Last action — DP

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 55th Legislature - 1st Regular Session. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

15 added · 16 removed

Plain-language change summary

The main changes in House Bill 2122 involve clarifying the language related to the election process for authorizing debt and how associated costs are handled. Specifically, the updated version emphasizes that bond counsel fees and financial advisory fees will be included in the costs covered by the current budget. This is significant because it ensures that voters can clearly understand the financial implications of the bond elections and how these expenses are managed, promoting transparency in local governance.

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HB2122 - 551R - I Ver       REFERENCE TITLE:
HB2122 - 551R - H Ver       House Engrossed bonds;
bonds;
financial advisory fees         State of Arizona House of Representatives Fifty-fifth Legislature First Regular Session       HOUSE BILL 2122       AN ACT   amending section 35-452, Arizona Revised Statutes;
financial advisory fees         State of Arizona House of Representatives Fifty-fifth Legislature First Regular Session       HB 2122   Introduced by Representative Bolick     AN ACT   amending section 35-452, Arizona Revised Statutes;
Section 1.  Section 35-452, Arizona Revised Statutes, is amended to read:
Section 1.
START_STATUTE35-452.  Election to authorize indebtedness;
Section 35-452, Arizona Revised Statutes, is amended to read:
costs A.  The governing body or board of a political subdivision enumerated in section 35‑451 may, and upon on a petition signed by fifteen per cent percent of the qualified electors shall, order an election by such electors to determine whether such indebtedness shall be authorized.  The election shall be held on the first Tuesday following the first Monday in November as prescribed by section 16-204, subsection B, paragraph 1, subdivision (d) F.
START_STATUTE35-452.
B.  If a majority of the qualified electors voting at the election votes in favor of creating an indebtedness, such the political subdivision may become so indebted.
Election to authorize indebtedness;
C.  Bond counsel fees, financial advisory fees, printing costs and paying agent and registrar fees shall be paid from either the amount authorized by the qualified electors of the political subdivision or current operating funds.
costs A.
D.  Bond election expenses shall be paid from current operating funds only.
The governing body or board of a political subdivision enumerated in section 35-451 may, and upon on a petition signed by fifteen per cent percent of the qualified electors shall, order an election by such electors to determine whether such indebtedness shall be authorized.  The election shall be held on the first Tuesday following the first Monday in November as prescribed by section 16-204, subsection B, paragraph 1, subdivision (d) F.
B.
If a majority of the qualified electors voting at the election votes in favor of creating an indebtedness, such the political subdivision may become so indebted.
C.
Bond counsel fees, financial advisory fees, printing costs and paying agent and registrar fees shall be paid from either the amount authorized by the qualified electors of the political subdivision or current operating funds.
D.
Bond election expenses shall be paid from current operating funds only.
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Action History

  1. DP

  2. Senate Second Reading

  3. Senate First Reading

  4. Transmit to Senate

  5. PASSED

  6. DP

  7. House Placed on Consent Calendar

  8. House Second Reading

  9. DP

  10. House First Reading.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 92 not signed on · 12 voted No

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (92)

92 members have not signed on to this bill.

Show all 92 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passed

Passed 46 Yea · 12 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 301002
Republican 14000
Democrat 2200
Total 461202
% of votes cast 77%20%0%3%
How each member voted (60)
Member Party Vote
Aaron Lieberman — Yea
Amish Shah — Yea
Andrea Dalessandro — Nay
Andres Cano — Yea
Arlando Teller — Yea
Athena Salman — Nay
Becky A. Nutt — Yea
Ben Toma — Yea
Brenda Barton — Yea
Bret Roberts — Yea
Charlene R. Fernandez — Nay
César Chávez — Yea
Daniel Hernandez — Yea
David L. Cook — Yea
Diego Espinoza — Yea
Diego Rodriguez — Nay
Domingo DeGrazia — Nay
Frank Pratt — Yea
Jacqueline Parker — Yea
Jennifer Jermaine — Yea
Jennifer Longdon — Yea
Jennifer Pawlik — Yea
Joanne Osborne — Yea
Joel John — Yea
John Fillmore — Yea
Judy Burges — Yea
Judy Schwiebert — Nay
Kelli Butler — Yea
Lorenzo Sierra — Yea
Melody Hernandez — Nay
Michelle Udall — Yea
Pamela Powers Hannley — Nay
Randall Friese — Yea
Raquel Terán — Nay
Regina E. Cobb — Not Voting
Reginald Bolding — Yea
Richard C. Andrade — Nay
Robert Meza — Yea
Russell Bowers — Not Voting
Steve Kaiser — Yea
Travis W. Grantham — Yea
Walter Blackman — Yea
Alma Hernandez Democrat Yea
Denise “Mitzi” Epstein Democrat Nay
Myron Tsosie Democrat Yea
Stephanie Stahl Hamilton Democrat Nay
Beverly Pingerelli Republican Yea
Frank Carroll Republican Yea
Gail Griffin Republican Yea
Jake Hoffman Republican Yea
Jeff Weninger Republican Yea
John Kavanagh Republican Yea
Joseph Chaplik Republican Yea
Justin Wilmeth Republican Yea
Kevin Payne Republican Yea
Leo Biasiucci Republican Yea
Mark Finchem Republican Yea
Quang H Nguyen Republican Yea
Shawnna Bolick Republican Yea
Timothy "Tim" Dunn Republican Yea

Official roll call →

Subjects

finance
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Frequently asked questions

Who sponsors HB 2122?
HB 2122 is sponsored by Shawnna Bolick.
What is the current status of HB 2122?
This bill died with 55th Legislature - 1st Regular Session. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 2122?
Track HB 2122 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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