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+++ version:(document, no version)
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- - i -
+ARIZONA HOUSE OF REPRESENTATIVES
 
-REFERENCE TITLE: board of directors; commerce authority.
+57th
+  Legislature, 2nd Regular Session
 
-State of Arizona
-Senate
-Fifty-seventh Legislature
-Second Regular Session
-2026
+Majority Research Staff
 
-SB 1429
+Senate: FIN DPA 5-0-2-0 | Third Read 27-0-3-0-0
 
-Introduced by
-Senator Mesnard
+House:
+  FMAE
+  DPA/SE 4-2-0-1 | Third Read 31-20-9-0
 
-AN ACT
+Final
+  Read: 16-11-3-0
 
-AMENDING SECTION 41-1502, ARIZONA REVISED STATUTES; RELATING TO THE
-ARIZONA COMMERCE AUTHORITY.
+SB
+1429: board of directors; commerce authority.
 
-(TEXT OF BILL BEGINS ON NEXT PAGE)
+NOW:
+ballot measures; circulators; disclosure
 
-SB 1429
+Sponsor:
+Senator Mesnard, LD 13
 
- - 1 -
-Be it enacted by the Legislature of the State of Arizona: 1
-Section 1.  Section 41-1502, Arizona Revised Statutes, is amended to 2
-read: 3
-41-1502.  Arizona commerce authority; board of directors;
-4
-conduct of office; audit 5
-A.  The Arizona commerce authority is established.  The mission of 6
-the authority is to provide private sector leadership in growing and 7
-diversifying the economy of this state, creating high quality employment 8
-in this state through expansion, attraction and retention of businesses 9
-and marketing this state for the purpose of expansion, attraction and 10
-retention of businesses. 11
-B.  The authority is governed by a board of directors consisting of: 12
-1.  The governor, who serves as chairperson.  13
-2.  The chief executive officer. 14
-3.  Seventeen private sector business leaders who are chief 15
-executive officers of private, for-profit enterprises.  None of these 16
-members may be an elected official of any government entity.  These 17
-members must be appointed from geographically diverse areas of this state 18
-and not all from the same county.  These members shall serve staggered 19
-three-year terms of office beginning and ending on the third Monday in 20
-January.  These members shall be appointed as follows: 21
-(a)  Nine members who are appointed by the governor. 22
-(b)  Four members who are appointed by the president of the senate. 23
-(c)  Four members who are appointed by the speaker of the house of 24
-representatives. 25
-4.  The following as ex officio members without the power to vote: 26
-(a)  The president of the senate OR THE PRESIDENT'S DESIGNEE. 27
-(b)  The speaker of the house of representatives OR THE SPEAKER'S 28
-DESIGNEE. 29
-(c)  The president of the Arizona board of regents. 30
-(d)  THE CHAIRPERSON OF THE SENATE FINANCE COMMITTEE, OR ITS 31
-SUCCESSOR COMMITTEE, OR THE CHAIRPERSON'S DESIGNEE. 32
-(e)  THE CHAIRPERSON OF THE HOUSE OF REPRESENTATIVES INTERNATIONAL 33
-TRADE COMMITTEE, OR ITS SUCCESSOR COMMITTEE, OR THE CHAIRPERSON'S 34
-DESIGNEE. 35
-(d)  (f)  The president of each state university under the 36
-jurisdiction of the Arizona board of regents. 37
-(e)  (g)  One president of a community college who is appointed by a 38
-statewide organization of community college presidents. 39
-(f)  (h)  The chairperson of the governor's council on small 40
-business, or its successor. 41
-(g)  (i)  The chairperson of the workforce Arizona council 42
-established by executive order pursuant to section 41-5401. 43
-(h)  (j)  One member of the rural business development advisory 44
-council established by section 41-1505 who is appointed by the governor. 45
-SB 1429
+Vetoed
+by the Governor
 
- - 2 -
-(i)  (k)  The president of a statewide organization of incorporated
-1
-cities and towns who is appointed by the governor. 2
-(j)  (l)  The president of a statewide organization of county boards 3
-of supervisors who is appointed by the governor. 4
-C.  For members who are appointed by the governor pursuant to 5
-subsection B of this section, before appointment by the governor, a 6
-prospective member of the board of directors shall submit a full set of 7
-fingerprints to the governor for the purpose of obtaining a state and 8
-federal criminal records check pursuant to section 41-1750 and Public Law 9
-92-544.  The department of public safety may exchange this fingerprint 10
-data with the federal bureau of investigation. 11
-D.  The following shall serve as technical advisors to the board to 12
-enhance collaboration among state agencies to meet infrastructure needs 13
-and facilitate growth opportunities throughout this state: 14
-1.  The director of environmental quality. 15
-2.  The state land commissioner. 16
-3.  The director of the department of revenue. 17
-4.  The director of the office of tourism. 18
-5.  The director of the department of transportation. 19
-6.  The director of water resources. 20
-7.  The director of the department of insurance and financial 21
-institutions. 22
-8.  The director of the Arizona-Mexico commission in the governor's 23
-office. 24
-9.  The director of the office of economic opportunity. 25
-10.  An attorney who is appointed jointly by the president of the 26
-senate and the speaker of the house of representatives and who has 27
-experience litigating constitutional cases involving article IX, section 7 28
-of the Arizona Constitution. 29
-E.  The governor shall appoint a cochairperson of the board of 30
-directors from among the voting members.  The board may establish an 31
-executive committee consisting of the chairperson, the cochairperson, the 32
-chief executive officer and additional voting members of the board elected 33
-by the board.  The chairperson may appoint subcommittees as necessary. 34
-F.  The board may request assistance from representatives of other 35
-state agencies to maximize economic development opportunities by 36
-leveraging their access to strategic assets and planning processes. 37
-G.  Board members serve without compensation but are eligible for 38
-reimbursement of expenses pursuant to section 41-1504, subsection E, 39
-paragraph 1. 40
-H.  A majority of the voting members, which must include the 41
-chairperson and the chief executive officer, constitute a quorum for the 42
-purpose of an official meeting for conducting business.  An affirmative 43
-vote of a majority of the members present at an official meeting is 44
-sufficient for any action to be taken. 45
-SB 1429
+Overview
 
- - 3 -
-I.  The board shall keep and maintain a complete and accurate record 1
-of all of its proceedings.  Public access to the board's records is 2
-subject to section 41-1504, subsection M.  The public portion of board 3
-meetings shall be recorded.  These recordings shall be posted on the 4
-authority's website within three business days after the meeting and shall 5
-remain on the website pursuant to section 38-431.01, subsection K. 6
-J.  The board of directors, executive committee, subcommittees and
-7
-advisory councils are subject to title 38, chapter 3, article 3.1, 8
-relating to public meetings, except as follows: 9
-1.  In addition to section 38-431.03, the board, executive committee 10
-and subcommittees may meet in executive session for discussion about 11
-potential business development opportunities and strategies that, if made 12
-public, could potentially harm the applicant's, the potential applicant's 13
-or this state's competitive position. 14
-2.  Social and travel events related to the expansion, attraction 15
-and retention of businesses are not public meetings if no legal action 16
-involving a final vote or decision is taken. 17
-3.  Activities and events held in public for the purpose of 18
-announcing the expansion, attraction and retention of projects are not 19
-public meetings. 20
-K.  The board and the officers and employees of the authority are 21
-subject to title 38, chapter 3, article 8, relating to conflicts of 22
-interest. 23
-L.  The board of directors shall adopt written policies, procedures 24
-and guidelines for standards of conduct, including a gift policy, for 25
-members of the board and for officers and employees of the authority. 26
-M.  The compensation of all officers and employees is considered a 27
-public record pursuant to title 39, chapter 1. 28
-N.  The authority shall operate on the state fiscal year.  The board 29
-shall cause an annual audit to be conducted on or before October 31 of 30
-each of the authority's public funds established by this chapter by an 31
-independent certified public accountant.  The board shall immediately file 32
-a certified copy of the audit with the auditor general.  The auditor 33
-general may make such further audits and examinations as necessary and may 34
-take appropriate action relating to the audit or examination pursuant to 35
-chapter 7, article 10.1 of this title.  If the auditor general takes no 36
-further action within thirty days after the audit is filed, the audit is 37
-considered to be sufficient. 38
-O.  All state agencies shall cooperate with the authority and make 39
-available data pertaining to the functions of the authority as requested 40
-by the authority. 41
-P.  The authority may not have more than one hundred full-time 42
-employees, excluding any full-time employees that are funded with monies 43
-other than state monies.  44
+Expands
+applicability of statute regulating circulators of initiative and referendum
+measures to include municipal and county measures. Requires a circulator of
+such measures to state on the petition sheet whether they are an out of
+state resident. Requires certain municipal or county initiative or
+referendum measures to disclose any expenditures and sources of revenue.
+
+History
+
+Currently, statute outlines that an initiative petition
+circulator must declare whether they are a paid or a volunteering circulator by
+checking the appropriate line on the petition prior to circulating the petition
+for signatures. For statewide initiative and referendum measures, circulators
+who are not residents of Arizona and all paid circulators must register with
+the Secretary of State before circulating petitions. The procedure for
+municipal and county legislation must be nearly as practicable as the state
+procedure relating to initiative and referendum (A.R.S. �� 19-102, 19-118, 19-141).
+
+Provisions
+
+1.
+Requires a
+circulator of an initiative or referendum petition to state whether the
+circulator is paid, a volunteer or an out-of-state resident by checking all
+applicable lines on an initiative or referendum petition sheet prior to
+circulating the petition for signatures. (Sec. 1, 2)
+
+2.
+Strikes statewide
+from statute outlining the standard of review of initiative petitions to
+reflect expanded applicability to all initiative measures, including those
+limited to municipalities and counties. (Sec. 3)
+
+3.
+Extends
+existing registration requirements for non-resident circulators and paid
+circulators to municipal and county initiative measures. (Sec. 4)
+
+4.
+Requires the
+applicable filing officer to disqualify all signatures collected by a
+circulator who fails to register with the Secretary of State. (Sec. 4)
+
+5.
+Conforms
+affidavit language required to be signed by registered circulators to reflect
+its expanded applicability to municipal and county initiative and referendum
+measures. (Sec. 4)
+
+6.
+Expands the
+definition of paid circulator to include paid circulators for municipal and
+county initiative and referendum measures. (Sec. 4)
+
+7.
+Conforms
+statute outlining prohibited payments to paid circulators to reflect its
+expanded applicability to municipal and county initiative and referendum
+measures. (Sec. 5)
+
+8.
+Requires
+certain municipal and county initiative and referendum measures related to
+spending to provide a disclosure of any expenditures, funds or allocations and
+revenue sources sufficient to cover the costs of the proposal. (Sec. 6)
+
+9.
+Requires the
+funding disclosure to be provided in the description of the municipal or county
+initiative or referendum. (Sec. 6)
+
+10.
+Makes
+technical changes. (Sec. 1, 2, 6)
+
+11.
+
+12.
+
+13.  ---------- DOCUMENT
+FOOTER ---------
+
+14.  Initials GG/AW�������������� SB
+1429
+
+15.  6/19/2026� Page 0 Vetoed
+by Governor
+
+16.
+
+17.  ---------- DOCUMENT
+FOOTER ---------