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AZ HB2309

Bill

Official Source

Status

Introduced

1/17/2012

Primary Sponsor

Daniel Patterson

Click for details

Origin

House of Representatives

Fiftieth Legislature - Second Regular Session (2012)

AI Summary

  • Amends Arizona Revised Statutes section 41-1503 to add a compensation cap for the Arizona Commerce Authority's chief executive officer.

  • Limits the CEO's compensation to no more than twice the compensation of the Governor as prescribed by law.

  • The CEO remains employed at the pleasure of the board under a performance-based contract with terms and conditions determined by the board.

  • Maintains existing CEO responsibilities for managing, administering, and supervising the authority's activities and negotiating contracts on behalf of the organization.

Legislative Description

Arizona commerce authority; CEO

Last Action

Referred to House APPROP Committee

1/18/2012

Full Bill Text

No bill text available