Arizona § 41-707 Investment yield restriction report

Arizona Statutes

§ 41-707 — Investment yield restriction report

Arizona § 41-707

Title 41Arizona Revised Statutes

Ch. 4DEPARTMENT OF ADMINISTRATION AND PERSONNEL BOARD

Art. 1General Provisions

This text of Arizona § 41-707 (Investment yield restriction report) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 41-707 (2026).

Text

On or before October 1 of each year, the director shall submit to the joint legislative budget committee and the governor's office of strategic planning and budgeting a report on the costs associated with meeting the investment yield restriction requirements for any tax-exempt deficit financing agreements entered into on or after January 1, 2009, including whether the requirements have reduced the yield of investments or required the state to pay any penalties to the federal government.

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On or before October 1 of each year, the director shall submit to the joint legislative budget committee and the governor's office of strategic planning and budgeting a report on the costs associated with meeting the investment yield restriction requirements for any tax-exempt deficit financing agreements entered into on or after January 1, 2009, including whether the requirements have reduced the yield of investments or required the state to pay any penalties to the federal government.