HB 2320
school districts; bonds; financial advisors
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill requires school districts in Arizona to hire independent financial advisors before holding bond elections for school projects. These advisors will provide guidance to the school board on structuring the bond issuance, obtaining ratings, and managing the overall process. The advisors must act solely in the best interest of the school district and cannot participate in underwriting or colluding on professional selection. This legislation aims to ensure school districts receive expert advice when issuing bonds for capital improvements.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Matt Gress
Cosponsors
David Livingston
Teresa Martinez
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.