Committee scales back industrial infrastructure reimbursement cap, adds transparency
Lawmakers voted to move HB 4026 out of committee after amending the public infrastructure reimbursement program: it will cap annual payments at $75 million (with rollover) through 2033, require posted development agreements, and add reporting for revenue impact analysis. City leaders and economic development groups urged the change to keep Arizona competitive for advanced manufacturers.
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The House Commerce Committee amended and advanced HB 40‑26, a measure to modernize the state’s public infrastructure reimbursement program used to support large advanced manufacturing projects. The amendment replaces a one‑time statewide cap with an annual cap of $75 million per fiscal year and requires that development agreements and intergovernmental agreements be posted publicly by the Department of Revenue.
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