Notes from the Capitol: 7 April 2018

Notes from the Capitol: 7 April 2018

HB-2456, commonly known s the Rio Nuevo District Extension was signed by Governor Ducey.

STATE CAPITOL, PHOENIX – Representative Mark Finchem (R-11) today praised Governor Ducey for signing the Rio Nuevo extension into law.

HB 2456, which was sponsored by Representative Finchem, extends funding for the Rio Nuevo Multipurpose Facilities District until its scheduled dissolution in 2035, prohibits future bonding, authorizes money paid to Rio Nuevo to be used for debt service on existing bonds and contractual obligations, requires proceeds from the sale of property to be …

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