Arizona SB1371 amends the Arizona Commerce Authority to allow income tax credits for expanding or locating qualified facilities in the state.
Arizona SB1371 amends the Arizona Commerce Authority to allow income tax credits for expanding or locating qualified facilities in the state. The bill defines a qualified facility as a manufacturing site that devotes at least 80% of its property and payroll to manufacturing activities. To qualify, businesses must invest in new capital, create new full-time jobs, and meet wage requirements.
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