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AZ SB1519
Bill
Status
2/3/2020
Primary Sponsor
Martin Quezada
Click for details
AI Summary
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Establishes the youth entrepreneurship pilot program administered by the Arizona commerce authority to serve individuals ages 16-23, providing community-based entrepreneurial education, mentoring from small business owners, and economic skill development.
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Requires the program to include a component serving youths in counties with populations under 750,000 persons.
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Mandates annual reports to the governor, senate president, and house speaker detailing program activities, number of youths served, and outcomes achieved by October 1 each year.
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Appropriates $1,000,000 from the Arizona competes fund in fiscal year 2020-2021 to operate the program, with $50,000 allocated for seed capital grants to successful participants in rural counties and $50,000 for seed capital grants to successful participants in counties with 750,000+ population.
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Program sunsets on June 30, 2026.
Legislative Description
Appropriation; youth entrepreneurship; pilot program
Exemption
Last Action
Senate read second time
2/4/2020