41-1545. Definitions In this article, unless the context otherwise requires: 1. " Arizona basic enterprise" means any enterprise that is located or principally based in this state and that can provide demonstrable evidence that it meets one or more of the following: (a) It is primarily engaged in one or more of the Arizona basic […]
41-1545.01. Arizona competes fund A. The Arizona competes fund is established consisting of: 1. Withholding tax revenues allocated to the fund from the job creation withholdings clearing account pursuant to section 43-409, subsection B, paragraph 2. 2. Any other amounts dedicated to the fund by law. 3. Gifts, grants and other donations received for that […]
41-1545.02. Grants from the Arizona competes fund A. The chief executive officer may negotiate the award of monies from the Arizona competes fund. The monies shall be paid, by grant, for the purposes of: 1. Attracting, expanding or retaining Arizona basic enterprises that meet the requirements prescribed by subsection B of this section, that achieve […]
41-1545.03. Annual report by grant recipient On or before December 31 of each year, each entity that receives a grant under this article shall submit to the chief executive officer a progress report containing the information compiled during the preceding calendar year regarding the attainment of each of the performance targets in the grant agreement.
41-1545.04. Report on use of monies in the Arizona competes fund A. On or before November 1 of each year, the authority shall submit to the president of the senate, the speaker of the house of representatives and the joint legislative budget committee a report on grants made from the Arizona competes fund under this […]
41-1545.05. Program termination The program established by this article ends on July 1, 2026.
