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Arizona ballot measure set business equipment tax
Arizona voters will decide in November whether to give businesses a break on property tax paid on newly acquired business equipment. Unanimously House approval of a resolution on Monday completes legislative action on the general election referendum on the proposed state constitutional amendment.
Proposed curb on punitive damage suits — economic development tool or bad for consumers?
Big business and consumer-rights advocates are squaring off over a bill that would significantly limit the ability of people to sue a manufacturer whose products might pose risks to the public. The legislation would shield manufacturers from punitive damage claims — the most aggressive legal recourse allowed against manufacturers — unless very specific negligence can be demonstrated.
Film tax credit gets OK from Senate
A proposal to create a new tax credit for film productions split Republicans but managed to garner just enough support to pass today in the Senate. The debate over measure, which still needs the House’s approval, illuminates a deep divide that is plaguing the majority party over how best to set the conditions for a robust economy.
Sens. Gould, Nelson spar over advancing new tax credits for film industry
Tension among Republicans in the Senate this morning nearly boiled over during a caucus meeting regarding legislation to create new tax credits for the film industry. Some oppose the proposal, and at least one Republican tried to keep the bill from advancing to the floor by invoking an informal rule to block the bill’s progress.
Phoenix mayor eyes Northern California for jobs
Phoenix officials are eyeing Northern California as a possible source of new jobs for Arizona's largest city.
Ducey says keys to economy are simplified tax code, getting government out of the way
Doug Ducey brought 13 years of experience running a business in the private sector, including time as CEO of Cold Stone Creamery, to his post as Arizona state treasurer. Now, as he and his staff are responsible for managing the state’s $11.4 billion portfolio of taxpayer money on a daily basis, he shares what the state is — and is not — doing effectively in recovering from the Great Recessio[...]
Arizona collects $744K from online sales tax law
Arizona has collected $744,000 in taxes for online purchases in the first three months of the year just by adding a line to state income tax forms. But the new use-tax declaration line is set to go away if the Senate passes a bill approved by the House on Thursday and Gov. Jan Brewer signs it into law.
Lower state revenue gain in new Arizona forecast
Differing revenue forecasts pose a challenge for Republican Gov. Jan Brewer and Republican legislative leaders to resolve as they continue negotiations over spending increases proposed by Brewer.
Worsley: Pearce, like Grijalva, wrong to call on boycott of AZ businesses
Mesa businessman Bob Worsley has fired the first shot in the primary race against former Senate President Russell Pearce, calling him out for spearheading a boycott campaign against the advertisers of an alternative newspaper.
Amazon tax deal in limbo
A group of Arizona retailers called on Gov. Jan Brewer this week to support legislation that would tax their online competitors, but the lawmaker trying to help broker the deal says the future of the “Amazon bill” is still unclear. The so-called brick-and-mortar retailers want online companies that have a physical presence in the state to be taxed at the same level they are.
Regents unanimously agree to raise tuition for graduate students
Graduate students at Arizona’s three public universities will see across-the-board tuition increases in the next academic year, under plans submitted by university presidents and approved by the state Board of Regents today.
Group claims bias in handling of foreclosed homes in minority neighborhoods
WASHINGTON – Banks are neglecting foreclosed homes in minority neighborhoods compared to those in white communities, according to a housing advocacy group that said it will file Fair Housing Act complaints over the supposed practice.
