Arizona HB2939 amends tax credits for qualified facilities, setting terms for preapproval and postapproval, and defining qualifying investments and.

Arizona HB2939 amends sections of the Arizona Revised Statutes to revise the income tax credits for qualified facilities. The bill outlines the process for preapproval and postapproval of businesses seeking these credits. It specifies that preapproval is based on the date of application and the availability of credit capacity. Postapproval requires verification of expenditures and compliance with employment and wage requirements.

Arizona HB2939 amends tax credits for qualified facilities, setting terms for preapproval and postapproval, and defining qualifying investments and.

Arizona HB2939 amends sections of the Arizona Revised Statutes to revise the income tax credits for qualified facilities. The bill outlines the process for preapproval and postapproval of businesses seeking these credits. It specifies that preapproval is based on the date of application and the availability of credit capacity. Postapproval requires verification of expenditures and compliance with employment and wage requirements.