Bill Text: AZ HB2417 | 2024 | Fifty-sixth Legislature 2nd Regular | Engrossed
Bill Title: Arizona commerce authority; continuation
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed) 2024-03-04 - Senate read second time [HB2417 Detail]
Download: Arizona-2024-HB2417-Engrossed.html
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House Engrossed
Arizona commerce authority; continuation |
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State of Arizona House of Representatives Fifty-sixth Legislature Second Regular Session 2024
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HOUSE BILL 2417 |
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An Act
repealing section 41-3024.31, Arizona Revised Statutes; amending title 41, chapter 27, article 2, Arizona Revised Statutes, by adding section 41-3028.04; relating to the Arizona commerce authority.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Repeal
Section 41-3024.31, Arizona Revised Statutes, is repealed.
Sec. 2. Title 41, chapter 27, article 2, Arizona Revised Statutes, is amended by adding section 41-3028.04, to read:
41-3028.04. Arizona commerce authority; termination July 1, 2028
A. THE ARIZONA COMMERCE AUTHORITY TERMINATES ON JULY 1, 2028.
B. TITLE 41, CHAPTER 10 AND THIS SECTION ARE REPEALED ON JANUARY 1, 2029.
Sec. 3. Purpose
Pursuant to section 41-2955, subsection B, Arizona Revised Statutes, the legislature continues the Arizona commerce authority to facilitate the beneficial economic growth and development of this state and to promote prosperity through the development and protection of the legitimate interests of Arizona business, industry and commerce within and outside this state.
Sec. 4. Retroactivity
Sections 1 and 2 of this act apply retroactively to from and after July 1, 2024.
