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Business lobby wants Arizona to create program supporting venture capital investment
Arizona’s economy would benefit if elected officials followed the lead of states including Utah and New Mexico that have established government-supported programs promoting venture capital investment, two business groups contend.
Arizona Senate OKs tax cuts as session nears end
Arizona lawmakers advanced tax cut legislation Thursday as they pushed to end their regular session, despite complaints that they courted danger by moving forward with proposals put on their desks just hours earlier.
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.
Mayors to Legislature: Get out of the way
The top-elected officials from Arizona’s largest cities are sending a strong message to the state Legislature: Stop interfering with local decision-making.
Lawmakers hope Arizona can cash in on California Internet tax
California’s loss could be Arizona’s gain, if some legislators have any say about it.
With the outcry from some businesses about the Golden State’s newly-passed “nexus tax” on some online retailers, Rep. Tom Forese, R-Gilbert, has proposed that Arizona take advantage of the discontent and try to recruit the angry businesses to Arizona, which has no such tax.
Arizona aide says bonding might help provide loans
The state's economic development director on Tuesday proposed that Arizona explore using publicly issued tax-exempt bonds to ease the flow of private investment dollars into business expansion projects into the state.
Despite strong criticism, jobs bill passes
The jobs bill, announced on Monday and debated fiercely since, has passed the Arizona House and the Senate, even as many legislators acknowledged its flaws.
Brewer unveils jobs bill, calls special session
Calling it the most important legislation Arizona has taken up in generations, Gov. Jan Brewer on Monday unveiled the details of the long-awaited Arizona Competitiveness Package, a raft of tax cuts and incentives that she said will boost job growth and make Arizona a haven for businesses.
Some say ‘incentives,’ others call them ‘bribes’
Like many public-private partnerships, the Arizona Commerce Authority will be responsible not only for attracting new businesses, but also for doling out incentives. Others say the incentives many states use to lure new companies ignore the needs of businesses already in the state, especially small businesses, while paying their competition to move in next door.
9 Ariz. cities approved for foreign trade zone
The U.S. Department of Commerce has approved a foreign trade zone for nine communities in the Phoenix area.
Business tax incentive debate indicates division in GOP
As debate looms in the Arizona Legislature regarding the best tax policy to foster job growth, a conservative, pro-market group is warning lawmakers against enacting incentives that benefit only certain companies.
Cardon to remain at Arizona Commerce’s helm
Gov. Jan Brewer is keeping the head of the state's economic development program in place as it goes through a major reorganization.
