business relocation; notice; penalty

SB 1301 requires large Arizona employers (50+ full-time equivalent employees) that receive state subsidies to notify the state 120 days before relocating out of state or abroad. Employers violating this notice requirement face daily civil penalties up to $10,000. Relocating businesses lose eligibility for state subsidies for five years and must repay unamortized subsidies received, though the Commerce Authority may grant exceptions to prevent job losses or economic harm. The bill also mandates that state contractors must perform all state-related work within Arizona, with a transition deadline of November 2027 for existing contractors. It directly affects businesses receiving state subsidies who relocate, ensuring accountability for public funds.