41-1527. Annual reports; department of commerce; department of revenue

(Rpld 7/1/11)

A. On or before September 30 of each year the department of commerce shall transmit a report to the governor, the president of the senate, the speaker of the house of representatives and the chairpersons of the senate finance committee and the house of representatives ways and means committee, or their successor committees, and shall provide a copy of this report to the secretary of state and the director of the Arizona state library, archives and public records. The report shall contain the following information:

1. The number, size and location of all enterprise zones established as of the end of the preceding fiscal year pursuant to this article.

2. The business names, locations, number of employees and amount of compensation paid to employees qualifying for income tax credits as reported to the department pursuant to section 41-1525 in each enterprise zone.

3. The amount of capital investment, made during the preceding fiscal year and cumulatively, in each enterprise zone.

4. The number of minority owned businesses, woman owned businesses and other small manufacturing businesses certified for property tax incentives pursuant to section 41-1525.01 in the preceding fiscal year and cumulatively, in each enterprise zone, and for each such business:

(a) The name and location.

(b) The number of employees.

(c) The full cash value of the property qualifying for classification as class six pursuant to section 42-12006.

B. On or before September 30 of each year the department of revenue shall transmit a report to the governor, the president of the senate, the speaker of the house of representatives and the chairpersons of the senate finance committee and the house of representatives ways and means committee, or their successor committees, and shall provide a copy of this report to the secretary of state and the director of the Arizona state library, archives and public records. The report shall contain the following information:

1. The full cash value and assessed valuation of property classified as class six pursuant to section 42-12006, paragraph 4 in each enterprise zone and the assessed valuation of that property if it was not classified as class six.

2. The fiscal impact on each taxing jurisdiction for the current tax year of classifying property in enterprise zones as class six rather than in the classification in which it would otherwise be classified.

3. The total amount of income tax credits allowed for the preceding taxable year pursuant to sections 43-1074 and 43-1161.

41-1527. Annual reports; department of commerce; department of revenue

(Rpld 7/1/11)

A. On or before September 30 of each year the department of commerce shall transmit a report to the governor, the president of the senate, the speaker of the house of representatives and the chairpersons of the senate finance committee and the house of representatives ways and means committee, or their successor committees, and shall provide a copy of this report to the secretary of state and the director of the Arizona state library, archives and public records. The report shall contain the following information:

1. The number, size and location of all enterprise zones established as of the end of the preceding fiscal year pursuant to this article.

2. The business names, locations, number of employees and amount of compensation paid to employees qualifying for income tax credits as reported to the department pursuant to section 41-1525 in each enterprise zone.

3. The amount of capital investment, made during the preceding fiscal year and cumulatively, in each enterprise zone.

4. The number of minority owned businesses, woman owned businesses and other small manufacturing businesses certified for property tax incentives pursuant to section 41-1525.01 in the preceding fiscal year and cumulatively, in each enterprise zone, and for each such business:

(a) The name and location.

(b) The number of employees.

(c) The full cash value of the property qualifying for classification as class six pursuant to section 42-12006.

B. On or before September 30 of each year the department of revenue shall transmit a report to the governor, the president of the senate, the speaker of the house of representatives and the chairpersons of the senate finance committee and the house of representatives ways and means committee, or their successor committees, and shall provide a copy of this report to the secretary of state and the director of the Arizona state library, archives and public records. The report shall contain the following information:

1. The full cash value and assessed valuation of property classified as class six pursuant to section 42-12006, paragraph 4 in each enterprise zone and the assessed valuation of that property if it was not classified as class six.

2. The fiscal impact on each taxing jurisdiction for the current tax year of classifying property in enterprise zones as class six rather than in the classification in which it would otherwise be classified.

3. The total amount of income tax credits allowed for the preceding taxable year pursuant to sections 43-1074 and 43-1161.