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2 013 Arizona Legislative Session

2 013 Arizona Legislative Session. Dorn Policy Group. Amanda Rusing, Eric Emmert, Tom Dorn, Heather Wilkey. Bottom Feeder. Scum Sucker. Dorn Policy Group. 3M ACE Cash Express Arizona Assn. for Economic Development American Coalition for Clean Coal Electricity Arizona Diamondbacks

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2 013 Arizona Legislative Session

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  1. 2013 Arizona Legislative Session

  2. Dorn Policy Group Amanda Rusing, Eric Emmert, Tom Dorn, Heather Wilkey

  3. Bottom Feeder

  4. Scum Sucker

  5. Dorn Policy Group 3M ACE Cash Express Arizona Assn. for Economic Development American Coalition for Clean Coal Electricity Arizona Diamondbacks American Medical Response Arizona Petroleum Marketers Association Arizona Physical Therapy Association Arizona Planning Association Arizona Western Coal Company Arizona Wine Growers Association B.J. Alan Company Bulletproof Securities, Inc. Cigna Core – Cold Plasma Dream Green, Inc. East Valley Chambers of Commerce Alliance Educational Options, Inc. HDR Engineering, Inc. John C. Lincoln Health Network McLane Company Peabody Energy Physical Therapist Provider Network Yuma County

  6. Arizona Legislature

  7. House of Representatives Republicans – 40 Republicans – 36 Democrats – 20 Democrats – 24 Amanda Rusing, Eric Emmert, Tom Dorn, Heather Wilkey

  8. Senate Republicans – 21 Republicans – 17 Democrats – 9 Democrats – 13

  9. House Senate Republican Leadership Republican Leadership Democrat Leadership Democrat Leadership Freshmen Freshmen President Andy Biggs Majority Leader John McComish Majority Whip Adam Driggs Minority Leader Leah Landrum-Taylor Asst. Min. Leader Linda Lopez Minority Whip Anna Tovar 2 Speaker Andy Tobin Speaker Pro Tem J.D. Mesnard Majority Leader David Gowan Majority Whip Rick Gray Minority Leader Chad Campbell Asst. Min. Leader Ruben Gallego Minority Whip Bruce Wheeler 25

  10. Arizona Budget

  11. Arizona Budget History Source: OSPB

  12. 2014 Arizona Budget Cash on Hand $697 million Revenues $8.4 billion Expenditures $8.8 billion Balance $304 million Structural Balance ($446) million HIGHLIGHTS - Includes Medicaid expansion with safeguards Est. $130 million - Establishes the School Performance Fund - Includes university parity - Increases K-12 by 3.5% - Increases university and community college by 4.1% and .4% - Includes ACA funding - Includes data center incentives Source: JLBC

  13. Economic Development Trends

  14. Econ Development 2011-2012 Jobs Package – 2011 Establishes the Arizona Commerce Authority High wage employment tax credit New R&D tax credit Establishes the Arizona Competes Fund Recalculates the business personal property tax Business property tax phase down Capital gains tax elimination for business investment Single sales factor corporate income tax Corporate income tax phase down Job Training Fund reform Corp Tax Allocation; Sales Factor - 2012 Jobs 2.0 - 2012 Net Operating Loss Carry Forward Personal Property Tax Re-Indexing Bonus Depreciation Capital Gains Reduction (10% - 25%) Expands Renewable Energy Tax Incentive Premium Tax Credit Cap Removal Job Training Study Committee

  15. 2013 Legislative Session

  16. Session Stats Number of Days 151 Bills Introduced 1158 Bills Signed 282 Bills Vetoed 26 General Effective Date Sept. 13, 2013

  17. Revenue Allocation Districts HB 2456 – Revenue Allocation Districts • Allows a municipality to establish a RAD • Allows the RAD to bond against the increase in municipal valuation revenue • Allows the RAD to bond against the increase in TPT • Includes taxpayer safeguards

  18. Property Tax Reclassification HB 2264 – Job Incentives; Tax Relief Act • Export oriented manufacturing • Reclassifies commercial property to a Class 1 to a Class 6 • Rural and urban capital investment ($2M & $25M) • Rural and urban qualified job creation (125 & 15 FTE) • ACA certification • 10-year program • Taxpayer safeguards • Income tax reduction to offset federal payroll tax increase

  19. Data Center Incentives HB 2488 HB 2213 SB 1435 BUDGET • Establishes state and municipal retail sales and use tax exemptions • Exemption can be taken over a 10-year period • Sustainable centers can take the exemption over 20-years • ACA administered • Newly constructed data centers - $50,000,000 urban / $25,000,000 rural during a 5-year period   • Existing data centers get future equipment purchase exemption if they made an investment of $250,000,000 over the past 6 years • Data centers cannot generate electricity for resale purposes

  20. Medicaid Expansion • Increase AHCCCS from 100% to 133% of FPL • Assesses hospitals • Eases the “hidden healthcare tax” • Includes “circuit breaker” • Draws down federal funds in a 10:1 match • Included in the budget

  21. TPT Reform SINGLE PAYMENT Payment through Arizona Dept. of Revenue (DOR) Prompt payment from State SINGLE AUDIT Audits conducted by DOR Municipalities may do audits DOR lead on multijurisdictional audits CONTRACTING Prime contracting – status quo Trades - point of sale

  22. Future Issues

  23. Future Issues TPT Reform UI Implementation Ballot Reform Transportation Funding Electric Deregulation NGS Water

  24. Questions

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