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Arizona Commerce Authority

May 18, 2012

Arizona Commerce Authority transparency criticized by PIRG

The Arizona Public Interest Research Group yesterday released a report critiquing the Arizona Commerce Authority’s transparency practices, calling on the agency to make more information about subsidy programs available online and to fight for legislative change in areas where the ACA is prohibited by law from disclosing information.

May 15, 2012

What finalists?

Though Commerce Authority officials have said they are reviewing whether they will release the names of the finalists being considered in the search for a new CEO, current CEO Don Cardon told our reporter today that the selection committee doesn't even have a list of finalists.

May 15, 2012

ACA backtracks on plans to announce new CEO

After initially saying it would announce its new CEO at a meeting Friday, the Arizona Commerce Authority now says the selection may be pushed back and that it doesn’t even have a list of finalists yet.

May 11, 2012

Commerce Authority backs off controversial ‘stipends’

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 viol[...]

May 10, 2012

Commerce Authority shields activity from public

The Arizona Commerce Authority came into existence nearly a year ago with a vow to be open and transparent, but the economic development agency has not followed through on all of those commitments.

The Commerce Authority has refused to disclose the list of finalists for its CEO position, refused to release information about who vets applicants for a $1.5 million grant program and makes [...]

May 9, 2012

Commerce refuses to disclose CEO finalists

The Arizona Commerce Authority thus far has not released its list of finalists for outgoing CEO Don Cardon’s job, but one source who’s familiar with the search said Arizona Chamber of Commerce President Glenn Hamer is in contention and has been interviewed for the position.

May 7, 2012

Commerce Authority to name new CEO at next meeting

The Arizona Commerce Authority will announce its new president and CEO at its May 18 board meeting.

Mar 9, 2012

Critics say ACA tax credits to businesses should be fully disclosed

Since the Arizona Commerce Authority officially launched on July 1, it has awarded $17.2 million in incentives to companies moving to or expanding in Arizona. But detailed information is available for less than half of that money.

That’s because $9.3 million has been awarded in the form of tax credits, which are defined in Arizona statute as confidential taxpayer information.

Jan 23, 2012

Cardon will return $50K signing bonus

Outgoing Arizona Commerce Authority President and CEO Don Cardon will give back the $50,000 signing bonus he received last year.

Jan 20, 2012

Capitol Quotes: Jan. 20, 2012

This week's most outstanding quips, jibes and utterances.

Jan 19, 2012

Commerce Authority lawyers exploring whether Cardon should pay back $50K

Attorneys for the Arizona Commerce Authority are poring over outgoing CEO Don Cardon’s contract to see whether the agency can recoup a $50,000 signing bonus he received, and will likely put safeguards into his successor’s contract to make sure it won’t be a question next time.

Jan 13, 2012

Capitol Quotes: Jan. 13, 2012

This week's most outstanding quips, gibes and utterances.

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