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AZ HB2352

Bill

Status

Introduced

1/26/2021

Primary Sponsor

Denise Epstein

Click for details

Origin

House of Representatives

Fifty-fifth Legislature - First Regular Session (2021)

AI Summary

  • Requires qualified facilities receiving tax credits under sections 43-1083.03 and 43-1164.04 to report annually to the Arizona Commerce Authority on full-time employees hired, compensation and benefit information by job classification, and total capital expenditures.

  • Requires the Arizona Commerce Authority to report annually to the joint legislative budget committee on employment and capital expenditure data from all qualified facilities receiving tax credits.

  • Repeals sections 43-1076 and 43-1081.01 of Arizona Revised Statutes related to income tax credits.

  • Amends section 43-1084 to require agricultural water conservation system credit claimants to report annually to the department on water usage reduction, and requires the department to report to the legislature on aggregate water conservation results and comparable credits in other states.

  • Requires grant recipients under article 41-1545 to report annually on job classifications with median annual wages for positions required for grant eligibility.

Legislative Description

Tax credits; grants; reporting; repeals

Repeal

Last Action

House read second time

1/27/2021

Committee Referrals

Rules1/27/2021
Ways and Means1/26/2021

Full Bill Text

No bill text available