Burns proposes new controls on state borrowing, debt repayment

Burns proposes new controls on state borrowing, debt repayment (access required)

By Luige del Puerto - luige.delpuerto@azcapitoltimes.com

Published: March 4, 2010 at 5:36 pm

Senate President Bob Burns said he will propose a ballot measure to cap the state's ability to take on new debt. First, he wants to remove the debt limitation in the Arizona Constitution, which is $350,000. That limit has been in place since the state's founding in 1912.

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