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Senate Engrossed |
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State of Arizona Senate Forty-ninth Legislature Second Regular Session 2010
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SENATE BILL 1254 |
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AN ACT
amending section 23-769, Arizona Revised Statutes; relating to the job training employer tax.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 23-769, Arizona Revised Statutes, is amended to read:
23-769. Job training employer tax; suspension
A. Beginning on January 1, 2001, a tax equal to one‑tenth of one per cent of taxable wages as provided and defined in section 23‑622 and that are paid to an employee each year is imposed on each employer in this state except employers described in subsection B or C of this section.
B. Subsection A of this section does not apply to employers who have elected to become liable for payment in lieu of contributions pursuant to section 23‑750.
C. Until the amount of the excise tax imposed pursuant to 26 United States Code section 3301 is reduced to six per cent or less, subsection A of this section does not apply to employers:
1. With a positive reserve ratio of at least thirteen per cent pursuant to section 23‑730.
2. With a positive reserve ratio of at least twelve per cent but less than thirteen per cent.
3. That are assigned the contribution rate of two per cent pursuant to section 23‑729 or two and seven‑tenths per cent pursuant to section 23‑730.
4. With a negative reserve ratio pursuant to section 23‑730.
D. The department of economic security shall collect this tax on a quarterly basis and shall deposit, pursuant to sections 35‑146 and 35‑147, the monies collected pursuant to this section in the Arizona job training fund established by section 41‑1544. Monies collected pursuant to this section shall not be commingled in any manner with monies collected pursuant to articles 4, 5 and 5.1 of this chapter.
E. From and after December 31, 2004, the payment of contributions or job training employer taxes is not required if the quarterly amount of the contributions and taxes is less than ten dollars.
F. Beginning the later of July 1, 2010 or the date that the department of economic security has sufficient monies to complete all contractual obligations of the job training program and ending from and after June 30, 2012, the department shall suspend collection of the job training employer tax.
Sec. 2. Purpose
The intent of the legislature is to suspend the collection of the job training employer tax until the economy stabilizes. The purpose is not to eliminate the opportunity for employers to access job training tools.
Sec. 3. Emergency
This act is an emergency measure that is necessary to preserve the public peace, health or safety and is operative immediately as provided by law.