The Senate has hit a major snag and has failed to pass the main budget measure that is part of a package that partially fixes a $2-billion deficit, and it has adjourned until Nov. 23. The bill went down by a vote of 14-13. Senate Majority Leader Chuck Gray voted "no" so he could bring the vote up for reconsideration later. All the Democrats voted "no" on the bill. So did Sen. Ron Gould, a Lake Havasu Republican.Read More »
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The State Loan Commission has approved a $700 million line of credit from Bank of America, marking the first external borrowing the state has done since the Great Depression. State Treasurer Dean Martin said his office will finalize the agreement with Bank of America next week and will begin issuing treasurer's warrants by the end of November.Read More »
A House panel followed the Senate's lead, quickly approving a series of budget bills aimed at chipping away at the state's massive deficit. The bills include $300 million in cuts to social programs and state aid for education.Read More »
It's back to square one for the Arizona Bankers Association. A tenuous deal to alter Arizona laws that govern home foreclosures was struck down by lawmakers on Nov. 18 after objections were raised by the homebuilding industry. The agreement had been struck by the Bankers Association and the Arizona Association of Realtors.Read More »
During a Senate Appropriations Committee hearing on Nov. 18, Sen. Russell Pearce, a Republican from Mesa who chairs the committee, offered an amendment that would have dictated how Pima and Maricopa counties would have to pay $22 million to the state.Read More »
In almost staccato fashion, senators approved a package of bills to reduce state spending by about $300 million on Nov. 18 - first in committee and then on the floor. Senators attempted several amendments, both in committee and during Committee of the Whole.Read More »
Gov. Jan Brewer is on the road, just as lawmakers are convening for their fourth special session. Brewer left town this morning (Nov. 18) for a scheduled trip to Austin, Texas, where she will attend the 2009 conference of the Republican Governors Association. Spokeswoman Kim Sabow said the governor plans to attend both days of the conference, but will return to Arizona on Nov. 19.Read More »
The budget fix to eliminate a portion of the state's $2 billion deficit is moving through Senate committees while the House is on hold until Nov. 19. The Senate Appropriations Committee approved four bills after a relatively short deliberation on Nov. 18. Some of the bills received bipartisan support.Read More »
Senate Democrats are pushing to give schools on American Indian reservations the ability to access federal impact aid money to make up for state budget cuts to schools. A handful of Senate Democrats want the schools to have permission to ...Read More »
Lawmakers officially kicked off the fourth special session of the year - the second devoted to the fiscal 2010 budget - with an uneventful gathering at the state Capitol on Nov. 17. The work on taking a small bite out of the state's $2 billion budget deficit will take place on Nov. 19, when House and Senate budget committees are expected to meet.Read More »