This bill proposes several updates to current statutes regarding the Arizona Commerce Authority (ACA) and the establishment of the Arizona Office of Defense Innovation. It introduces new provisions that require any executive director or director serving at the pleasure of the Governor and retained from a previous administration to be renominated by the current Governor with Senate consent. Additionally, it mandates that the CEO of the ACA be appointed by the Governor rather than employed by the ACA Board of Directors, thereby shifting the authority and oversight of this position.

Furthermore, the bill establishes the Arizona Office of Defense Innovation, which aims to foster partnerships and drive innovation in defense technologies. It outlines the structure of the office, including the appointment of a director by the Governor and the formation of an advisory board with members appointed by various state leaders. The office is tasked with enhancing federal funding for defense, supporting local companies in securing defense contracts, and collaborating with educational institutions to advance defense-related research. Overall, the bill seeks to strengthen Arizona's position in the defense sector while ensuring accountability in leadership appointments within the ACA.

Statutes affected:
Introduced Version: 41-1529
House Engrossed Version: 41-1529