House of Representatives

SB 1041

children; mental health services

(now: military reuse zones)

Sponsors: Senator Smith

 

dpa
S/E

Committee on Appropriations

DPA

S/E

Caucus and COW

 

DPA S/E

As Passed the House

X

As Transmitted to the Governor

 

History

After the Williams Air Force Base was closed in 1993, the Legislature enacted legislation to authorize the formation of a “military reuse zone” at airports that formerly were military airports. The legislation entitled businesses located within a military reuse zone to tax benefits. Last session the legislature gave the Governor the authority to renew a military reuse zone for one additional five-year period.

 

Provisions

·                      Allows the gross proceeds of sales in a renewed military reuse zone to be subtracted from the tax base for the prime contracting classification.

·                      Requires the Department to separately account for revenues collected under the prime contracting classification for construction involving a multipurpose facility.

·                      Repeals the previous version of A.R.S. section 42-5075, which relates to the prime contracting classifications and exemptions.

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·                      45th Legislature                                                                                                                    

·                      First Regular Session                       2                                                            May 11, 2001

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