Bill > SB1738

This bill establishes the Office of Defense Innovation within Arizona's state authority, which will serve as a strategic liaison between Arizona, the U.S. Department of Defense, and national security organizations. The office's primary responsibilities include identifying opportunities to increase federal defense funding, supporting Arizona-based companies seeking defense contracts, advancing the state's economic interests in defense-related sectors, and developing a strategic plan to enhance Arizona's competitiveness in defense industries. Additionally, the office will collaborate with universities and research institutions to increase defense research and development funding, support technology transfer, and enhance workforce development for future industries. The bill requires the office to submit an annual report by December 31, 2026, detailing its activities and recommendations to the governor, senate president, and house speaker. The bill also makes minor amendments to the existing microbusiness loan program, extending reporting deadlines and the program's sunset date, and ensures that these changes apply retroactively from June 29, 2025.

Budget and Finance

https://apps.azleg.gov/BillStatus/BillOverview/83477