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More dollars for science
Universities’ request for research money could split GOP lawmakers
The state universities’ $1 billion request to upgrade research labs promises to bring fireworks to the Legislature and possibly a split among GOP lawmakers while wounds from last session’s Medicaid expansion are still fresh.
Solar storm
All eyes on Arizona as formal energy hearings begin
At the heart of Arizona’s battle over solar net metering systems is whether utilities can balance solar energy with the cost of maintaining the grid that delivers electricity to all users.
APS: $3.7 million spent on metering publicity
Arizona Public Service, the state’s largest energy company, told regulators Nov. 6 that its parent corporation has spent $3.7 million dollars to fight for a drastic reduction to a key rooftop solar incentive in Arizona.
Officials, lawmakers call for greater investment in wildfire prevention
WASHINGTON – For every dollar the government spends preventing wildfire damage, it could save cash-strapped agencies like the Forest Service another $5 on fighting increasingly large fires, a Senate committee was told Tuesday.
Ex-AZ congressman Rick Renzi gets 3-year prison term for corruption
A federal judge on Monday sentenced former U.S. Rep. Rick Renzi to three years in prison for convictions on public corruption, money laundering and other charges, capping a corruption case prosecutors said began more than a decade ago.
Class action lawsuit alleges securities fraud against First Solar of Tempe
A federal judge in Phoenix on Tuesday certified a class action lawsuit alleging securities fraud against First Solar and its executives, a company that is selling a Mesa plant that Gov. Jan Brewer once hoped would be a shining example of solar investment.
Insiders reveal practices of AZ banks that survived the crash
The old adage — “If it doesn’t kill you, it will make you stronger” — generally applies to biological organisms. But it could also apply to the financial system in Arizona, which has had 14 bank failures since 2009.
Arizona earns a B on report card for financial literacy requirements
Arizona got a B on a recent national report card that graded states for their efforts to improve financial literacy in high schools.
City officials worry about state’s convention center investment safeguard
Phoenix officials are worried that a provision imposed by the Legislature to ensure a return on its investment in the Phoenix Convention Center will cause the state to withhold sales tax revenue from the city.
Arizona Corporation Commission puts stop to unregistered investments
The Arizona Corporation Commission has put the brakes on two separate investment endeavors that involved selling securities in wind and gold mining projects.
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.
Bills to lower capital gains tax moving forward
Three bills to eliminate or reduce the capital gains tax cleared a House committee today, despite objections from Democrats that a reduction would be too costly for the state.
