Arizona Legislature Wraps Up Session With Tax Breaks For Businesses

After 122-days, the Arizona legislature called it quits just before 7 p.m. Wednesday evening, passing tax credits aimed spurring business development in the state. They also restored a year of eligibility for families in the Temporary Assistance for Needy Families program - but with a twist that could still keep families out of the program.

Governor Ducey had trimmed eligibility to one year from two. While the new bill restores the second year, it does so with several restrictions that could still boot families from the program.

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People can lose eligibility if they miss a job counseling appointment, for instance.

Families of four in Arizona whose household incomes is less than $5,022 a year receive $270 a month from the program.

In other moves, legislators approved roughy $10 million in tax credits for people who invest in certain categories of small businesses and restored a fund that will provide grants to small businesses with few employees - or micro-businesses.

Photo Arizona Legislature