SB 1422
credit enhancement eligibility board; continuation
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
Senate Bill 1422 extends the existence of the Credit Enhancement Eligibility Board, which supports Arizona public schools in securing better financing terms. The bill sets a termination date for the board of July 1, 2036, contingent on the board having no outstanding program funding obligations or guaranteed financings. If these conditions aren't met by January 1, 2037, the board will be dissolved. This legislation ensures continued support for public school financing initiatives.
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