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Partisan politics could preempt early rejection of cut-heavy GOP budget plan
Key Points: Republican lawmakers approve $17.9 billion spending plan Democrats argue spending cuts harm needed benefits programs Republicans claim tax breaks will benefit small businesses, not corporations Republican lawmakers gave […]
Budget stalemate: House Republicans send Hobbs their first proposal
Key Points Aide says lawmakers should come to Hobbs to negotiate GOP plan cuts agency budgets, but includes some of Hobbs’ priorities Senate expected to evaluate the GOP proposal next […]
Development projects, tax credits and agency budgets face hard cuts in new GOP proposal
Key Points: Republican lawmakers unveil plan to balance state budget amid tight financial forecast Nearly $100 million in economic development funding is cut They also propose a 5% reduction in […]
Senate votes to exempt new businesses from having to pay state taxes
Starting a new business? Arizona lawmakers apparently want to help you succeed.
Housing Trust Fund key to Hobbs’ affordability plans
Arizona is one of the fastest-growing states in the nation, but also faces a growing housing problem.
Jones says her property tax cut bill needs major amendments to get traction
The way Rep. Rachel Jones sees it, once you've paid off your house you shouldn't have to worry about property taxes. But the first-term Republican lawmaker from Tucson acknowledged there are a bunch of practical questions with her legislation, including who would -- or should -- get a tax break. And she said her plan is probably going to need some major amendments to get any traction.
Arizona regulators investigating whether clean energy tax breaks will help real people
President Joe Biden and Congress passed a package of almost $370 billion in tax breaks and other incentives to accelerate the deployment of clean energy sources across the U.S. economy. The newly approved tax breaks will simply accelerate a shift in the energy sector that market forces had already started, but state regulators are determining whether they will actually result in lower residential[...]
Leach sics AG on Tempe over allegation of illegal tax breaks
Rep. Vince Leach has followed through on a threat to ask the Attorney General’s Office to investigate whether Tempe broke the law in signing two lease agreements with developers he alleges received illegal tax breaks.
Now is perfect time to help foster kids and get a tax benefit, too
The Arizona Foster Care Tax Credit reduces your state income tax obligation $1 for every dollar you give to Aid to Adoption of Special Kids (AASK) or other qualifying Arizona foster care organizations. That means when you give AASK $100 now, you will get that $100 back in the form of a lower state income tax bill. The tax credit limits are $500 for individuals and $1,000 for a couple filing a join[...]
Nominal, politically driven tax breaks on the way
Arizonans are in line for an income tax cut when they file their returns next April. But don't go planning that trip to Europe -- or even Los Angeles -- just yet.
Corp Comm to put tax-break pushed by indicted former member under scrutiny
In documents filed late Friday, Andy Tobin wants the current commission to tell affected companies to immediately start putting the additional money they're collecting from customers into an interest-bearing account. In the interim, he said regulators will review the policy change enacted at the behest of Gary Pierce.
Legislature ends session, passes tax breaks, reverses cuts to public benefits
The House and Senate adjourned the 2017 legislative session for good at sunset Wednesday, capping a day that saw lawmakers expand tax breaks for businesses and benefits for poor Arizona families.
