Sign In
Free Newsletter
Saving a railway
The Arizona Commerce Authority’s deal-closing fund became more of a deal-making fund during the 2013 legislative session, opening the possibility that more special projects could be in the agency’s future.
Panel recommends tax credit continuation
A panel of representatives and senators yesterday recommended the continuation of a dollar-for-dollar tax credit program for contributions to groups that provide scholarships to students in private and parochial schools.
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.
Last-minute amendments make big changes to tax bill
The last bill that the Legislature approved before adjourning for the year underwent major changes in the waning hours of the session that could be worth as much as $30 million in tax credits to some companies.
No more tax credits for Hollywood
It’s like a bad re-run. A few legislators are trying to revive Arizona’s film production tax credit (SB 1170) that lapsed in 2011.
Time for a break? Some economists want Arizona to slow down on new incentives
Since the recession battered the economy in 2008, the state has dramatically increased the number of incentives it offers to companies that bring new jobs to Arizona. But after three years of tax credits, incentives and other policies aimed at jump-starting Arizona’s economy, some economists are saying the state should stop and take a breather.
Bill seeks state backing for business loans
Proponents of a bill that would use state tax credits to encourage lenders to open their wallets for small businesses say they can help struggling entrepreneurs get access to much needed capital without invoking the most dreaded phrase in the debate over government incentives — “picking winners and losers.”
Senate approves motion picture tax credit
The Arizona Senate has approved a bill creating a tax credit for motion picture production in the state.
School tuition legislation could cost state up to $28.5M
The Senate on Jan. 19 approved a two-bill package that expands a program allowing a dollar-for-dollar tax credit for contributions to groups that give scholarships to private school students.
Competitiveness package goes into effect Thursday
The Arizona Competitiveness Package goes into effect June 30, and while the business tax cuts that formed its foundation won’t start phasing in until 2014, several provisions will take root immediately.
Brewer vetoes STO expansion – again
School choice advocates managed to beat the sine die clock to revive a proposal to expand the school tuition tax credit program, but even scaling down its potential fiscal hit wasn’t enough to persuade the governor that it wouldn’t negatively impact the state’s coffers.
STO supporters won big, won twice this week
The Republican-led Legislature has approved a measure to increase the amount of tax credits that individuals can claim in exchange for contributions to groups that distribute private school scholarships.
