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Ariz. mortgage settlement money on hold for now

The state won't immediately implement a budget provision to spend $50 million from Arizona's share of a foreclosure settlement while the provision is being challenged in court. The provision requires the money be transferred to the state general fund to help balance the budget for the fiscal year that begins July 1.

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Pearce allies fail to push through recall reimbursement bill

A last-minute push to create the legal framework to reimburse recalled politicians for their campaign expenses died on the last day of session, after allies of former Sen. Russell Pearce failed to consolidate support behind the legislation.

The proposal could have paved the way for Pearce to get a reimbursement of more than $260,000 — the amount his campaign spent defending him last year, when he was ousted from the Senate in a recall election.

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