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ARIZONA HOUSE OF REPRESENTATIVESFifty-sixth Legislature Second Regular Session |
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HB 2417: Arizona commerce authority; continuation
Sponsor: Representative Livingston, LD 28
Committee on Appropriations
Overview
Continues the Arizona Commerce Authority (ACA) for four years, through July 1, 2028.
History
The ACA is responsible for supporting statewide business expansion and attraction, workforce development and job training, online assistance for new business start-ups and tax credit administration (Laws 2018, Ch. 66). The ACA is governed by a board of directors to provide private sector leadership in growing and diversifying the economy of Arizona (A.R.S. § 41-1502). Prior to creation of the ACA, many of these duties were housed in the Arizona Department of Commerce (Laws 2011, 2nd Special Session, Ch. 1).
The Legislature may continue any state agency for a period up to 10 years, after which the agency is subject to a Sunset Review. (A.R.S. § 41-2955). Arizona’s Sunset Review process requires the Legislature to review the purpose and functions of state agencies and determine whether continuation, revision, consolidation or termination is warranted (A.R.S. § 41-2951).
The ACA is set to expire on July 1, 2024 (A.R.S. § 41-3024.31).
Provisions
1. Continues, retroactive to July 1, 2024, the ACA until July 1, 2028. (Sec. 1)
2. Repeals the ACA on January 1, 2029. (Sec. 2)
3. Contains a legislative intent clause. (Sec. 3)
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7. HB 2417
8. Initials AF/LT Page 0 Appropriations
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