ARIZONA HOUSE OF REPRESENTATIVES

Fifty-sixth Legislature

First Regular Session

House: COM DP 10-0-0-0 | 3rd Read 60-0-0-0

Senate: APPROP 9-0-1-0 | 3rd Read 21-9-0-0

Final Pass 38-20-2-0

HB 2809: public infrastructure improvements; reimbursement

Sponsor: Representative Carbone, LD 25

Transmitted to the Governor

Overview

Increases the aggregate cap paid to a city, town or county for public infrastructure improvements for the benefit of manufacturing facilities from $100,000,000 to $200,000,000.

History

Current law provides that a city, town or county may be paid up to 80% of the cost of public infrastructure improvements for the benefit of a manufacturing facility and that the funds distributed are from tax revenues received from persons conducting business under the Prime Contracting Classification derived from contracts to construct buildings and associated improvements for the benefit of a manufacturing facility. Additionally, the total amount paid to all cities, towns and counties shall not exceed $100,000,000. (A.R.S. § 42-5032.02)

 

Provisions

1.   Increases the aggregate cap paid to a city, town or county for public infrastructure improvements for the benefit of manufacturing facilities from $100,000,000 to $200,000,000. (Sec. 1)

2.   ☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal NoteMakes technical changes. (Sec. 1)

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6.                     HB 2809

7.   Initials VP/AA        Page 0 Transmitted

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