board of directors; commerce authority.

Removed all text defining how citizens must sign referendum and initiative petitions, including rules for circulators, petition forms, and signature verification.

Added the creation of the Arizona Commerce Authority, a new state agency designed to attract and retain businesses.

Changed the subject matter from election laws (Title 19) to economic development laws (Title 41).

Defined the 17-member Board of Directors, which includes the Governor, the CEO, and 15 appointed private sector business leaders from diverse geographic areas.

Established requirements for board members to submit fingerprints for criminal background checks before appointment.

Mandated that the authority operate on the state fiscal year and undergo annual audits by an independent certified public accountant.