41-1501. Definitions In this chapter, unless the context otherwise requires: 1. " Authority" means the Arizona commerce authority. 2. " Board" means the board of directors of the authority. 3. " Chief executive officer" means the chief executive officer of the authority.
41-1502. Arizona commerce authority; board of directors; conduct of office; audit A. The Arizona commerce authority is established. The mission of the authority is to provide private sector leadership in growing and diversifying the economy of this state, creating high quality employment in this state through expansion, attraction and retention of businesses and marketing this […]
41-1503. Chief executive officer A. The board of directors shall employ a chief executive officer and prescribe the terms and conditions of the chief executive officer’s employment. The chief executive officer serves at the pleasure of the board under the terms of a performance based contract. B. The chief executive officer is responsible for managing, […]
41-1504. Powers and duties; e-verify requirement A. The board of directors, on behalf of the authority, may: 1. Adopt and use a corporate seal. 2. Sue and be sued. 3. Enter into contracts as necessary to carry out the purposes and requirements of this chapter, including intergovernmental agreements pursuant to title 11, chapter 7, article […]
41-1505. Rural business development advisory council A. The rural business development advisory council is established. The mission of the council is to advise the board of directors regarding rural business development strategies, including creating jobs, diversifying economies and attracting new investment. B. The council consists of the following members: 1. One representative from each county, […]
41-1505.12. Arizona commerce authority local communities fund (Caution: 1998 Prop 105 applies) A. The Arizona commerce authority local communities fund is established consisting of monies deposited pursuant to sections 5-601.02(H)(4)(b) and 5-601.02(I)(6)(b)(vii), and interest earned on those monies. The chief executive officer shall administer the fund. The fund is not subject to appropriation, and expenditures […]
41-1506. Arizona commerce authority fund A. The Arizona commerce authority 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 1. Monies credited to the fund may be deposited in the state treasury or in a bank or […]
41-1506.01. Arizona twenty-first century competitive initiative fund A. The Arizona twenty-first century competitive initiative fund is established to be administered by the authority. The fund consists of monies appropriated by the legislature, earnings from the fund and gifts or grants donated or given to the fund. Monies in the fund are subject to legislative appropriation […]
41-1506.02. Major events fund; purpose; semiannual report A. The major events fund is established consisting of monies appropriated to the fund by the legislature and private donations. The authority shall administer the fund. Monies in the fund are continuously appropriated and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. Monies […]
41-1507. Tax credit for increased research activity; qualification for refund A. The authority shall receive applications and evaluate and certify taxpayers who otherwise qualify for income tax credits for increased research activities to further qualify for income tax refunds. B. An application for a refund of the taxpayer’s credit must include: 1. The taxpayer’s name, […]
41-1507.01. Certification of basic research payments to a university A. For taxable years beginning from and after December 31, 2014, before a taxpayer can apply to the department of revenue for certification of additional income tax credits for increased research activities involving basic research payments to a university under section 43-1074.01, subsection A, paragraph 1, […]
41-1508. Defense contractor restructuring assistance; definitions A. On July 1, 2011, the Arizona commerce authority succeeds to the remaining functions and responsibilities formerly performed by the department of commerce under this section. Any reference to department in this section is considered to refer to the Arizona commerce authority. B. The department shall establish and conduct […]
41-1509. Career landscape information collection; distribution; posting; definitions A. The authority shall annually collect and compile all of the following information: 1. The most in-demand jobs in this state, including the starting salary and required education level for each of these jobs. 2. The average cost to attend each of the following: (a) Each university […]
41-1510. Water infrastructure and commerce grant fund A. The water infrastructure and commerce grant fund is established consisting of legislative appropriations, federal monies and private donations. The chief executive officer shall administer the fund. Monies in the fund are continuously appropriated and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. […]
41-1510.01. Solar energy tax incentives; qualification A. The authority shall establish a procedure for identifying commercial solar energy projects that qualify for the purposes of the commercial solar energy income tax credits under sections 43-1085 and 43-1164. B. To qualify for the tax credits, a business must apply in a form prescribed by the authority, […]
41-1511. State broadband office; director; duties A. The state broadband office is established in the authority. B. The state broadband office consists of the state broadband director, who serves at the pleasure of the chief executive officer. The chief executive officer may hire staff for the state broadband office to do the following: 1. Coordinate […]
41-1512. Qualified facility income tax credits; qualification; definitions (Rpld. 1/1/32) A. For taxable years beginning from and after December 31, 2012, income tax credits are allowed for expanding or locating a qualified facility in this state pursuant to sections 43-1083.03 and 43-1164.04. Only capital investments in a qualified facility that are made not more than […]
41-1514.02. Environmental technology assistance; definitions A. On July 1, 2011, the Arizona commerce authority succeeds to the remaining functions and responsibilities formerly performed by the department of commerce under this section. Any reference to department in this section is considered to refer to the Arizona commerce authority. B. The department of commerce shall establish and […]
41-1516. Healthy forest enterprise incentives; definitions A. The Arizona commerce authority shall: 1. Implement a program to encourage counties, cities and towns to provide local incentives to economic enterprises that promote forest health in this state. 2. Identify and certify to the department of revenue the names of and relevant information relating to qualified businesses […]
41-1517. Arizona motion picture production program; duties; preapproval; postapproval; fee; rulemaking; audit; report; definitions (Rpld. 1/1/44) A. The authority shall: 1. Implement an Arizona motion picture production program in this state to promote the workforce development and expansion of the commercial motion picture industry in this state. 2. Certify motion picture production companies that produce […]
