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Ariz. lawmaker says economic package nearly ready

Arizona House Speaker Kirk Adams says Gov. Jan Brewer and top Republican legislative leaders are near agreement on a package of business tax cuts and other steps intended to boost economic development.

Adams says key elements of an agreement are in place and that details could be worked out as early as next week. He says he discussed the topic during a lunch meeting Thursday with Brewer and Senate President Russell Pearce.

Brewer has said she may call lawmakers into a concurrent special session on the subject, and Adams said that’s still a possibility.

Other elements of the package are expected to include reorganizing the Commerce Department into a quasi-private authority.

A Senate committee on Thursday endorsed four bills for business tax cuts. Versions could be included in the package.

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