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Commerce Authority backs off controversial ‘stipends’ (access required)

The Arizona Commerce Authority announced late Friday afternoon that it will not be awarding the $5,000 stipends it had earlier promised to15 companies eliminated from a competitive grant program.

The Goldwater Institute’s Clint Bolick sent a letter to the ACA earlier this month, warning that the awards for unsuccessful semifinalists in the agency’s Innovation Challenge could be a violation of a constitutional provision banning government gifts to private companies, unless the money creates a tangible public benefit.

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Brewer eyes a raft of changes to tax code (access required)

Gov. Jan Brewer is looking to build on last year’s tax cuts with a handful of changes aimed at fixing “problem areas” in the state’s tax code.

Michael Hunter, Brewer’s lobbyist, outlined the changes the governor wants to make at an Arizona Commerce Authority Board meeting on Wednesday.

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Mixing work and pleasure in Albania

At yesterday's Commerce Authority board meeting, Don Cardon said he returned on Sunday from a swing through Europe that he said was part vacation, part ACA business venture, and included business stops in Ireland and Albania.

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