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Bill seeks state backing for business loans (access required)

Proponents of a bill that would use state tax credits to encourage lenders to open their wallets for small businesses say they can help struggling entrepreneurs get access to much needed capital without invoking the most dreaded phrase in the debate over government incentives — “picking winners and losers.”

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Lawmakers, group want to hand big tax break to businesses (access required)

Businesses planning on purchasing new machinery in 2013 or later may get some tax relief under a referendum at the state Legislature. HCR 2009, sponsored by Rep. Jack Harper, R-Surprise, and developed by the Arizona chapter of the National Federation of Independent Businesses would exempt the first $2.4 million of new equipment or machinery purchased after 2013 from the business personal property tax. Currently, the exemption is $68,079.

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