Print Page   |   Your Cart   |   Sign In
News & Press: Arizona Business News Updates

What small business can expect from the Legislature this year

Friday, January 11, 2013   (0 Comments)
Posted by: Rhette Baughman
Share |

Certainty is good. Fortunately, we enter Arizona’s 2013 Legislative session with answers to a number of critical questions that we had at this time a year ago. Will Arizona have a state-run healthcare exchange if the Affordable Care Act is not repealed? Will our state’s economy continue to improve? Will the balance of power in our Legislature remain far to the right or will it shift more to the center?

We now have the answers to those questions and with them have a better idea of what confronts us and what we have to work with.

Education reform

Automate Your Lead Follow UpKindergarten-through-12th grade, state-run universities and community colleges have all felt the the effects of the economic downturn with significant cuts in recent years. Proposition 204 on the November 2012 ballot was intended to solve the funding woes and provide a dedicated and permanent source of revenue to fund education in our state. But the proposition’s failure brings education funding back to the drawing board.

Most will agree the Legislature must find a way to increase funding for education, so expect this to be among the top issues this year. Also, expect to see education funding related bills introduced and promoted as workforce and economic development related.

Healthcare in Arizona

Access to and the cost of quality healthcare in the state is an increasing expense that impacts the bottom line of Arizona businesses. Prospective businesses can also measure in real dollars how Arizona stacks up against other states when determining the cost of doing business.

Healthcare in Arizona was already a big and complex issue prior to the passage of the Affordable Care Act, or Obamacare. Now Arizonans must also get ready to navigating through a new health exchange that will be run by the federal government. Expect to see efforts to block a federally run exchange by advocates for local control.

Taxes

Simplification of Arizona’s complicated tax system will continue to be a top issue as momentum has increased after two years of significant progress. Recent tax reforms have reduced the burden on capital gains tax, corporate income tax and the assessment of business equipment and property. A significant burden that remains concerns the the administrative hassles facing Arizona businesses to comply with the state’s complex tax system.

Compliance represents a real cost to Arizona businesses and, along with the state’s current tax rates, it’s a major factor in our ability to be competitive in attracting new businesses to Arizona and encouraging existing businesses to stay and expand. Expect the Legislature to begin to adopt recommendations recently proposed by Gov. Jan Brewer’s Transaction Privilege Tax Simplification Task Force.

State budget

With a temporary 1-cent sales tax scheduled to end on June 1, expect the state budget to once again be an issue widely discussed and debated. Since the state expects an increase in revenues of more than 5 percent this year, state-run programs that were cut or reduced significantly will resurface and be promoted as priorities.

The relentless pressure to expand Arizona’s tax base by taxing services will continue and vigilance by those who oppose it will remain as strong as ever.

While Republicans’ control of the Legislature remains after last year’s elections, the margins are slimmer as Democrats picked up seats. Overall, expect the Legislature to shift a bit to the center with lawmakers becoming more cooperative across party lines in order to get things done.

Jerry BustamanteWritten by Jerry Bustamante. Jerry is senior vice president of public policy and oversees the Southern Arizona office of the Arizona Small Business Association, 4811 E. Grant Road, Suite 262, in Crossroads Festival, (520) 327-0222.

Source: Inside Tucson Business

Don’t offer a 401K? No problem.

Nationwide

Introducing Guaranteed Retirement Income from NationwideSM
This new way to save for retirement gives your employees guaranteed retirement income every month for life, for as little as $10 a month.

LEARN MORE

CopperPoint...at work for you

CopperPoint

CopperPoint delivers peace of mind to Arizona employers and their employees. We are the state's premier provider of workers compensation insurance, serving Arizona businesses, small and large, since 1925.

LEARN MORE

Royal Personnel Services, Inc. is YOUR PARTNER IN PERSONNEL

Royal Personnel Services

Royal Personnel Services, Inc. is a local family owned Staffing and Human Resource Service Company. We provide Staffing Services to all types of companies and industries throughout the valley.

LEARN MORE

RSVP

Experience ASBA

REGISTER

Date: Held monthly
Time: Click for times based on location
Location: Phoenix or Tucson

RSVP

ASBA Speed Networking

REGISTER

Date: Held monthly
Time: Click for times based on location
Location: Phoenix or Tucson

Affordable Dental Plans for ASBA Members

Delta Dental

Your smile deserves Delta Dental, the nation’s leading dental benefits provider. With the largest network of dentists, personalized service & special pricing for ASBA members, we make it easy to keep your smile healthy.

LEARN MORE

Have questions on small business and health insurance?

Health Insurance

Get the latest on individual, sole proprietor, or group plans related to small business. We can help you find the right plan for you, and your employees. Click to learn more!

LEARN MORE

Small is the New Black

ThinkSmallBiz

What's trending for 2017? Small Business! This year, resolve to support our local economy by "Thinking Small" at least one time each week! Need help finding a small biz? Visit ThinkSmallBizAZ.com! #ThinkSmallBiz

LEARN MORE

Association Management Software Powered by YourMembership  ::  Legal