https://apps.azleg.gov/BillStatus/BillOverview/78777
SB1172 limits the amount a fire district may request in G.O. bond debt to 120% of the district's debt capacity (debt limit, less outstanding debt). The bill also expands the information that must be provided in the bond election order, including the minimum number of years the bonds may run, the current outstanding G.O. debt, and the statutory debt limitation of the District.