ARIZONA STATE SENATE RESEARCH STAFF TO: MEMBERS OF THE SENATE APPROPRIATIONS COMMITTEE DATE: February 18, 2022 SUBJECT: Strike everything amendment to S.B. 1182, relating to commerce authority; reports Purpose Adds the estimated number of available positions for the most in-demand jobs in Arizona to the information that the Arizona Commerce Authority (ACA) must annually collect and compile for prescribed distribution and posting. Background The ACA was established in 2011 with the mission to provide private sector leadership in: 1) growing and diversifying the economy of Arizona; 2) creating high-quality employment in Arizona through expansion, attraction and retention of businesses; and 3) marketing Arizona for the purpose of expansion, attraction and retention of businesses (A.R.S. § 41-1502). The ACA must annually collect and compile the following information: 1) the most in-demand jobs in Arizona, including salary and required education level for each of these jobs; 2) the average cost of each university under the jurisdiction of the Arizona Board of Regents, community colleges vocational programs and private postsecondary institutions; 3) the lowest to highest median monthly student loan payment program among undergraduate fields of study for individuals who attend outlined institutions and programs; 4) the three-year student loan default rate of individuals who attend outlined institutions and programs; 5) the graduation rate of certain outlined institutions and programs; 6) the completion rate of certain apprenticeships, high school equivalency programs and career and technical education programs; and 7) the lowest to highest median starting earnings among undergraduate fields of study for individuals who graduated from outlined institutions and programs. The ACA must: 1) annually transmit the information to each public high school in Arizona to distribute to students; and 2) make the information publicly available and post on its website (A.R.S. § 41-1509). There is no anticipated fiscal impact to the state General Fund associated with this legislation. Provisions 1. Adds the estimated number of available positions for the most in-demand jobs in Arizona to the information that the ACA must annually collect and compile for prescribed distribution and posting. 2. Makes technical changes. 3. Becomes effective on the general effective date. JASON THEODOROU LEGISLATIVE RESEARCH ANALYST COMMERCE COMMITTEE Telephone: (602) 926-3171