AZ SB1343

Allows affiliates within an insurance holding company system to collectively or individually meet employment and capital investment requirements to qualify for premium tax credits under section 20-224.03.

Requires an authorized insurer in an insurance holding company system to report to the Arizona Commerce Authority which specific affiliates are claiming tax credits and the amounts each will claim for purposes of allocating credits within the system.

Updates statutory language by replacing dollar amounts written as words (e.g., "five million dollars") with numeric format (e.g., "$5,000,000") throughout sections 20-224.03 and 41-1525.

Clarifies that "taxpayer" and "company" references in section 41-1525 now refer to "business" for consistency with insurance premium tax credit provisions in section 20-224.03.

Amends the effective date provisions and reporting requirements related to Arizona quality jobs incentives and associated income and premium tax credits for new employment positions.