ARIZONA HOUSE OF REPRESENTATIVES Fifty-sixth Legislature Second Regular Session
	Senate: FICO DP 6-0-1-0 | 3^rd Read 22-6-2-0

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SB 1053: metal theft study committee

S/E: Arizona-Ireland trade commission

Sponsor: Senator Carroll, LD 28

Committee on Commerce

Summary of the Strike-Everything Amendment to SB 1053

Overview

Creates the Arizona-Ireland Trade Commission.

History

The Arizona Commerce Authority's (ACA) mission is to provide private sector leadership in growing and diversifying the economy of Arizona, creating high quality employment in Arizona through expansion, attraction and retention of businesses and marketing Arizona for the purpose of expansion, attraction and retention of businesses (A.R.S. § 41-1502).

Statute outlines the responsibilities of the ACA which include to establish and supervise the operations of full-time or part-time offices in other states and foreign countries for the purpose of expanding direct investment and export trade opportunities for businesses and industries in this state if, based on objective research, the authority determines that the effort would be beneficial to the economy of this state (A.R.S. § 41-1504).

Provisions

1. Establishes, within the ACA, the 9-member Arizona-Ireland Trade Commission (Commission) which consists of four members who are appointed by the Legislature and five members who are appointed by the Governor. (Sec. 1)

2. Requires the appointments to be made by December 31, 2024. (Sec. 1)

3. Specifies members serve 4-year terms and vacancies must be filled in the same manner as the initial appointment. (Sec. 1)

4. Authorizes members of the Commission to receive compensation and reimbursement of expenses as provided by statute. (Sec. 1)

5. Allows the Commission to accept gifts, grants, donations, monies from fundraising activities, bequests and other forms of voluntary contributions to carry out the Commission's purposes. (Sec. 1)

6. Directs the Commission to:

a) advance bilateral trade and investment between Arizona and Ireland;

b) initiate joint action on policy issues of mutual interest between Arizona and Ireland;

c) promote business and academic exchanges between Arizona and Ireland;

d) encourage mutual economic support between Arizona and Ireland;

e) encourage mutual investment in the infrastructure of Arizona and Ireland; and

f) meet at least annually and at the call of the member-elected chairperson. (Sec. 1)

7. Instructs the Commission, by December 31, 2025, and each year thereafter, to submit an annual findings, results and recommendations report to the Governor and Legislature and provide a copy of the report to the Secretary of State. (Sec. 1)

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                        SB 1053

Initials PB     Page 0 Commerce

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