Fifty-fifth Legislature                                                   Finance

First Regular Session                                                   H.B. 2835

 

COMMITTEE ON FINANCE

SENATE AMENDMENTS TO H.B. 2835

(Reference to House engrossed bill)

 


Page 2, between lines 20 and 21, insert:

"Sec. 3. Section 48-6203, Arizona Revised Statutes, is amended to read:

START_STATUTE48-6203. Board of directors

A. The district is governed by a board of directors consisting of the following members:

1. Two members One member of the governing body of the more populous of the two cities establishing the district, elected by the governing body.

2. One member of the governing body of the less populous of the two cities establishing the district, elected by the governing body.

3. One member of the governing body of the county ESTABLISHING the district, elected by the GOVERNING BODY.

3. 4. One member of the general public who resides in Apache, Coconino, Mohave, Navajo or Yavapai county, appointed by the speaker of the house of representatives.

4. 5. One member of the general public who resides in Maricopa county, appointed by the president of the senate.

B. Members of the board of directors who also serve on the governing body of a city or county establishing the district serve during their terms of office on the governing body of the city or county, unless a successor is earlier elected by the respective governing body to replace the member for any reason.  Other members of the board of directors shall serve four year four-year terms.

C. Members are not eligible for compensation for service on the board of directors." END_STATUTE

Renumber to conform

Page 6. after line 44, insert:

"Sec. 9. Section 48-6255, Arizona Revised Statutes, is amended to read:

START_STATUTE48-6255. Audit; joint legislative budget committee

A. The board shall cause an annual audit to be conducted of the district's funds, accounts and subaccounts by an independent certified public accountant within one hundred twenty days after the end of the fiscal year.

B. The board shall immediately file a certified copy of the audit with the auditor general.  The auditor general may make such further audits and examinations as necessary and may take appropriate action relating to the audit or examination pursuant to title 41, chapter 7, article 10.1.  If the auditor general takes no further action within thirty days after the audit is filed, the audit is considered to be sufficient.

C. The board shall pay negotiated and approved fees and costs of the certified public accountant and auditor general under this section.

D. At the request of the chairperson of the joint legislative budget committee, a representative of the board shall appear before the joint LEGISLATIVE budget committee to report on any ASPECT of the district's operation, INCLUDING the activities and FINANCIAL performance of the district during the PREVIOUS fiscal year, the district's plans for capital IMPROVEMENTS, other EXPENDITURES and INVESTMENT and the district's RESPONSE to the audit conducted pursuant to this section." END_STATUTE

Renumber to conform

Page 7, strike line 23, insert:

"B. The sum of all bonds issued by all districts established pursuant to this article shall not exceed an"

Line 24, after "$2,000,000,000" insert "at any given time"

Line 26, strike "district" insert "districts"

Page 8, after line 37, insert:

Sec. 14. Retroactivity

Laws 2005, chapter 248, section 2, as amended by Laws 2007, chapter 216, section 17, Laws 2012, chapter 206, section 13 and this act, applies retroactively to from and after December 31, 2020."

Amend title to conform


 

 

 

2835FIN

03/16/2021

02:00 PM

C: MYR