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State Capital Update 1.29.15

Friday, January 30, 2015   (0 Comments)
Posted by: Bridgette Blair
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State Capitol Update
By Eric Emmert
Vice President 
Dorn Policy Group, Inc. 

The Arizona Legislature gaveled into session on Monday, January 12th. Freshmen lawmakers took the oath of office and Governor Ducey gave his first State of the State address. The Governor toured the state and noted his priorities ahead of the release of his budget the following Friday.

Executive Budget
Governor Ducey’s budget reflects his experience as a business executive. It makes spending cuts in an attempt to eliminate the structural deficit by 2017. It accomplishes this with the following:

No new taxes
Assuming the State is correct in funding the court-ordered K-12 inflation payment
Utilizing a portion of the Budget Stabilization Fund also known as the “Rainy Day” Fund
Shifting more K-12 funding into the classroom
Cutting universities by $75 million
Cutting the Arizona Competes Fund
Encouraging the Arizona Department of Revenue to aggressively seek back taxes

The Legislature will now begin its work on the 2016 budget in consultation with the Governor’s Office. Hopes are high that the budget problems can be quickly solved. 

Economic Development Legislation
The AAED Government Affairs Committee is tracking a number of bills at the Arizona Legislature that impact economic development. Some bills of note the committee is tracking include:

HB 2033 - University Research Infrastructure Projects; Appropriations
Representative Bob Robson introduced legislation that would fund university research projects. The 30-year $1.2 billion package is a significant piece of economic development legislation.

HB 2144 – Office of Film and Media
This bill establishes the Governor's Office of Film and Media to promote film and media production in Arizona. It also appropriates $612,500 to fund the office.

Crowd Funding
Freshman Representative Jeff Weninger introduced a bill that will allow for crowd funding in Arizona. The bill is considered by many to be an important piece of alternative business funding legislation. AAED has participated in the stakeholder meetings ahead of the bill’s introduction. 
The AAED Government Affairs Committee meets on the 4th Tuesday of each month at 1:30 P.M. A legislative update is given at the beginning of each meeting. Members wishing to hear the update may call-in and exit the meeting as they choose. Any AAED member may participate. 

Should you have questions about these or any other bills before the Arizona Legislature, please contact East Valley Chambers of Commerce Alliance lobbyists Tom Dorn, Eric Emmert or Amanda Rusing at (602) 606-4667

Stay In Touch
  • Arizona Association for Economic Development
    2700 N. Central Ave. Suite 1250
    Phoenix, Arizona 85004
  • 602.240.AAED (2233)