Senate Rejects Revival of Grand Canyon U Tax Break

The Arizona Senate on Tuesday narrowly rejected an effort to revive a proposal granting a private Christian university a major break on its property taxes.
Grand Canyon University wants its property reclassified into a much lower rate that would save it about $750,000 a year on its Phoenix campus. Under the measure, any new construction at the school or at a planned Mesa campus also would be reclassified, meaning the tax break could expand greatly over time.

AZ State Budget Talks Snag on Charter Schools

After racing through the Senate in two days, the state budget has come to a screeching halt in the House as state lawmakers battle over key issues. Chief among them: a proposal to stop school districts from converting their schools to charters and, in the process, collecting more state revenue per student.

The budget proposal that passed the Senate would retroactively forbid the practice after June 2013, impacting more than a dozen schools that have been converted during the past year and costing some districts millions of dollars.

Bill would make corporate tax credits public

A House committee has approved a bill that would make some tax credits claimed by corporations public information.

House Bill 2586 would require the state Department of Revenue to submit an annual report detailing the names of companies who get corporate credits of $5,000 or more and to make that report public.

Republican bill sponsor Darin Mitchell of Litchfield Park says the bill would create transparency and allow policy makers to examine whether such tax credits are effective for economic development.

Arizona bill would make public corporate tax credits recipients public information

PHOENIX — A House committee has approved a bill that would make some tax credits claimed by corporations public information.

House Bill 2586 would require the state Department of Revenue to submit an annual report detailing the names of companies who get corporate credits of $5,000 or more and to make that report public.

Republican bill sponsor Darin Mitchell of Litchfield Park says the bill would create transparency and allow policy makers to examine whether such tax credits are effective for economic development.

Legislature mulls Grand Canyon University tax cut

PHOENIX -- The Arizona Legislature is considering giving a big property tax break to a private Christian university in west Phoenix that plans to expand to Mesa and possibly Tucson.

The Senate Finance Committee voted 6-1 Wednesday to cut the taxes Grand Canyon University must pay every year by reclassifying it into a much lower rate.

If passed by the Legislature and signed by Gov. Jan Brewer, the university's tax bill for its Phoenix campus this year would drop from slightly more than $1 million to about $264,000.