Bills

The following 4 bills were received late last night from Secretary of State Brown (Bryce):

H.R. 1
To address the Funding of the State of Arizona Education System
IN THE ARIZONA STATE CONGRESS
March 23, 2010
Mr. Connelly of Arizona introduced the following bill

A BILL
Funding for State Education Through Major Paper and Educational Material Manufacturers
1 Be it enacted by the Arizona State Congress assembled.
2 SECTION 1. SHORT TITLE
3 This act may be cited as the “Contributions to Education”
4 SECTION 2. SENSE OF CONGRESS
5 The Congress finds the following:
6 (1) Forming Major Partnerships with major paper and education material manufacturers
7 (2) Help Schools make monies by the donation of no less than 2% to every purchase
8 (3) The State Educational funds to raise monies to promote education of productive citizens
9 (4) Monies shall be collected and dispersed by a subcommittee appointed by this committe
10 SECTION 4. ENACTMENT
11 The following sections of H.R. 1 shall be established to accomplish said purposes:
12 SECTION 5. FUNDS
13 (1) Any funds raised by this method shall only be used to aid education
14 SECTION 6. USE OF FUNDS
15 (1) These monies shall be used to buy necessary material to progress the learning and help the educational system in it’s striving to achieve maximum success in the education of productive citizens of this state.
(a) Materials such as computers, printing paper, better recourses for the staff of the schools as well as appropriate repairs to the school facility.
16 SECTION 6. DISPERSION OF FUNDS
17 (1) The funds will be dispersed by which schools need it the most.
(a) The criteria for this are decided by the schools size and the success rate of the school academically.
18 SECTION 7. PROGRESS
(1) The Members of the subcommittee shall oversee all arrangements of the funds and report to this committed of its progress.
(a) The subcommittee is also required to get approval for any additional spending of the funds from this committee.
19 SECTION 8. INSPECTION
20 (1) This subcommittee also has the power to send inspectors to the school to observe the school district’s use of the material used.
(a) If the material is not used efficiently then the state has the right to guide the school’s progress in collaboration with the district.
21 SECTION 9. RESTRICTIONS
(1) Those in partnership with the subcommittee as well as the committee itself shall not make any profit out of these arrangements but only benefit the education system of Arizona.

Filed: 23rd of March 2010
Secretary of State Browne
Original Bill on File at The Office of the Secretary of State
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H.R. 2
To address Senior Protection and Financial Services
IN THE ARIZONA STATE CONGRESS
March 23, 2010
Mr. Taylor of Arizona introduced the following bill
A BILL
Protection for Senior Citizens of Arizona who purchase lending and insurance products
1 Be it enacted by the Arizona State Congress assembled.
2 SECTION 1. SHORT TITLE
3 This act may be cited as the “The Arizona Senior Citizen Protection Act”
4 SECTION 2. SENSE OF CONGRESS
5 The Congress finds the following:
6 (1) Modeled after Vermont Law; Contains several provisions to protect older Arizonians who purchase certain types of lending and insurance products.
7 (2) Protects financial recourses of older Arizonians by prohibiting opportunistic and unscrupulous practices that take advantage of seniors’ financial fears and circumstances.
8 (3) Ensures that those conducting legitimate financial business with seniors are held to the highest professional standards and can offer products in a fair and regulated market.
9 (4) Provide new angles of financial exploitation aimed at seniors and others, and help uphold the standards and good name of the legitimate marketplace.
10 SECTION 4. ENACTMENT
11 The following sections of H.R. 2 shall be established to accomplish said purposes:
12 SECTION 5. DEFINITIONS
13 (1) For the purpose of this bill “STOLI” shall mean the following: “Stranger Originated life insurance” transactions occur when a third party, usually an investor group, entices senior citizen to take out a life insurance policy. The investor group then takes over the policy and hopes to profit by receiving the death benefits when the senior dies. The sooner the insured person dies, the higher the return to the investor group. Seniors caught up in these schemes can face a range of problems, including interest in assigning their life insurance policy to others are not affected by this law.
(2) For the purpose of this bill “BISCHA” shall mean the following: “Baking, Insurance and Health Care Administration”
(3) For the purpose of this bill “Reverse Mortgage” shall mean the following: A legitimate transaction that can be a useful financial tool for seniors that allow them to tap the equity in their own homes.
(4) For the purpose of this bill “Unregulated Reverse Mortgage Transactions” shall mean the following: Jeopardize a borrower’s home when it is still needed, or cause the loss of agreed upon payments to the homeowner if the lender becomes insolvent.
14 SECTION 6. LIFE INSURANCE SETTLEMENTS
15 (1) Requires consumer disclosures and regulation of legitimate life insurance settlements and prohibits “STOLI”
16 SECTION 7. BISHCA
17 (1) Authorizes “BISHCA” to regulate the use of Senior Designations and Certifications by sellers of investment and insurance products, to halt misleading representations by those who hold themselves out as senior experts.
18 SECTION 8. REVERSE MORTGAGE
(1) Strengthen Protections for seniors obtaining Reverse Mortgages

Filed: 23rd of March 2010
Secretary of State Browne
Original Bill on File at The Office of the Secretary of State
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H.R. 3
To address the Funding of the Arizona Scholarship Lottery
IN THE ARIZONA GENERAL ASSEMBLY
March 23, 2010
Mr. Cohen of Arizona introduced the following bill
A BILL
Funding and Creation of the Arizona Scholarship Lottery
1 Be it enacted by the Arizona General Assembly assembled.
2 SECTION 1. SHORT TITLE
3 This act may be cited as the “Arizona Scholarship Lottery Act”
4 SECTION 2. SENSE OF CONGRESS
5 The Congress finds the following:
6 (1) To establish, operate, and regulate state lotteries as authorized by the Arizona Lotteries as authorized by the Arizona Constitution
7 (2) To Supplement Higher Education Scholarships with Net Proceeds from the State Lottery
8 (3) To Provide for the Exchange of Data needed to evaluate state-supported student financial assistance, and for other purposes.
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10 SECTION 4. ENACTMENT
11 The following sections of H.R. 3 shall be established to accomplish said purposes:
12 SECTION 5. FUNDS
13 (1) Net Proceeds of lotteries conducted under this chapter shall be used to:
(a) Fund and Provide for scholarships and grants to citizens of the State of Arizona enrolled in public and private nonprofit two-year and four-year colleges and universities located within the state.
(b) Supplement, not supplant, non lottery educational resources.
14 SECTION 6. MANAGEMENT of FUNDS
15 (1) Lotteries shall be operated and managed in a manner that:
(a) Provides continuing entertainment to the public;
(b) Maximizes revenues; and ensures that lotteries are operated with integrity, dignity, adequate internal controls, and free of political influence.
16 SECTION 7. THE ARIZONA LOTTERY COMMISSION
17 (1) The Arizona Lottery Commission shall be accountable to the General Assembly and to the public through a system of audits and reports

Filed: 23rd of March 2010
Secretary of State Browne
Original Bill on File at The Office of the Secretary of State

H.R. 4
To address the Small Business Tax Breaks
IN THE ARIZONA STATE CONGRESS
March 23, 2010
Mr. Lopez of Arizona introduced the following bill

A BILL
Introducing Small Business Tax Breaks to Spur Hiring
1 Be it enacted by the Arizona State Assembly assembled.
2 SECTION 1. SHORT TITLE
3 This act may be cited as the “Small Business Tax Break”
4 SECTION 2. SENSE OF CONGRESS
5 The Congress finds the following:
6 (1) That Tax Breaks will Help the Job Market Rise

7 SECTION 3. ENACTMENT
11 The following sections of H.R. 4 shall be established to accomplish said purposes:
12 SECTION 4. EXEMPTIONS
13 (1) A Business employing less than 75 full or part-time employees shall be exempt from paying state taxes incurred from hiring any new full time employees.
(2) Businesses with annual profits in excess of $5 Million dollars are exempt from this tax break.
14 SECTION 5. RULES
15 (1) The Newly Hired Employee must maintain an average of 36 or more hours for a total of 265 days for the business to qualify of the tax break.
16 SECTION 6. LIMITATIONS
17 (1) The Tax Exemption is limited only to taxes incurred from hiring the new employee
18 SECTION 7. CLAIMS
(1) This tax break can be claimed by any qualified business’ 2011 or 2012 state tax forms.

Filed: 23rd of March 2010
Secretary of State Browne
Original Bill on File at The Office of the Secretary of State
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