Arizona Legislature approves $9.2 billion budget - FOX 10 News | fox10phoenix.com

$9.2 billion budget passed, Legislature taking up tax cuts

Posted: Updated:
  • Arizona PoliticsMore>>

  • 2014 Arizona Primary election: Track top races

    2014 Arizona Primary election: Track top races

    The poll results are coming in, and some races have already been called.  | Full election results
    The poll results are coming in, and some races have already been called.  | Full election results
  • Doug Ducey wins GOP primary for Arizona governor

    Doug Ducey wins GOP primary for Arizona governor

    State Treasurer and former CEO Doug Ducey won the Republican primary for Arizona governor Tuesday, riding to victory with a campaign that focused on his blend of government and business experience in serving as a state official and building an ice cream company into a national brand.
    State Treasurer and former CEO Doug Ducey won the Republican primary for Arizona governor Tuesday, riding to victory with a campaign that focused on his blend of government and business experience in serving as a state official and building an ice cream company into a national brand.
  • Actor George Takei talks about his documentary and politics

    Actor George Takei talks about his documentary and politics

    Actor and political activist George Takei is premiering his new documentary in Scottsdale.Takei is best-known for playing Hikaru Sulu on the Star Trek series and films.He has ties to Arizona including being married to an Arizonan, who was born in the state, and his mother lived in the White Mountains.
    Actor and political activist George Takei is premiering his new documentary in Scottsdale.Takei is best-known for playing Hikaru Sulu on the Star Trek series and films.He has ties to Arizona including being married to an Arizonan, who was born in the state, and his mother lived in the White Mountains.

By BOB CHRISTIE and ASTRID GALVAN
Associated Press

PHOENIX (AP) -- The Arizona House and Senate have given final approval to a pair of tax cuts for manufacturers just a day after adopting a $9.23 billion state budget.
 
One would give a multi-million tax credit to the world's biggest corporation to install and run a solar facility.
 
The Legislature approved House Bill 1413 eliminating sales taxes on electricity purchased by manufacturers that is expected to cost the state general fund $17 million a year. That bill is backed by Gov. Jan Brewer.
 
Another bill, HB 1413, specifically targets Apple Inc.'s planned Mesa sapphire glass manufacturing plant by providing a $5 million tax credit if it installs at least $300 million in renewable power capacity to supply its plant.
 
Apple already qualifies for a $10 million grant from the Arizona Commerce Authority.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Didn't find what
you were looking for?

Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices