March Update: How the Arizona legislature could affect broadcasting
It’s legislative season at the state Capitol in Phoenix and there are always implications for Arizona broadcasters. You can read the full 2021 tracking report here, or browse the below summary of three key bills we are watching closely.
1. HB2772 and SB1797 (Fantasy Sports Betting; Event Wagering)
Summary: Arizonans would be allowed to bet on professional and college sports at tribal casinos, at sites owned by pro sports teams, and online. There are large advertising implications here. Many stations have seen a sizable jump in buys around this category as their states have made betting legal. These new bills are also supported by Governor Ducey. ABA Position: Support
Status: Approved by the Senate Commerce Committee on 2/17 with amendment; Awaiting further action in the Senate.
2. SB1252 (Corporate Income Tax; Phase-Out)
Summary: Arizona’s Corporate Income Tax would be phased out over tax years 2022 to 2031 through reductions in tax rate of .49% each year. Rate would be zero for tax years beginning January 1, 2031. ABA Position: Monitoring.
Status: Approved by the Senate Finance Committee on 2/10 as amended; Approved by Senate Committee of the Whole (COW) as amended on 2/24; Awaiting further action in the Senate.
3. HB2152 (Police; Camera Recordings; Required Redactions)
Summary: Requires the redaction of certain images not subject to police investigation in police body camera footage before such footage can be released to the public. ABA Position: Opposed.
Status: Passed the House 31-29 (party-line vote; Rs for/Ds against); Assigned to the Senate Judiciary Committee (Awaiting hearing).