A recap of the Arizona legislative session
July 2
The Arizona legislative session recently came to a close after a $17.6 billion state budget was signed by Governor Katie Hobbs, just a few days before the government might have shutdown.
There were more than 250 bills passed in this legislative session. These new laws will take effect 90 days after the end of the legislative session on September 26, 2025.
Alexis Glascock, an attorney at Fennemore, joined “Arizona Horizon” to discuss some of the bills that were passed in the 2025 legislative session.
One point of emphasis during the legislative session was Chase Field. Glascock shared how Arizona benefits from having the Diamondbacks at Chase Field from a business perspective.
“It makes a huge difference because Arizona is positioned trying to attract businesses from all over the country and having a solid sports team here like the Diamondbacks, they almost won two years ago, there’s was great community spirit everyone was so excited. It does attract businesses and it helps with the decision when they see that the business community really supports their home team,” Glascock said.
Glascock also broke down a new law regarding litigation financing and consumer protection.
“So this is really a law that was passed to create more fairness. Because third-party financiers can come in and they can finance a plaintiff’s litigation against a business or other defendants, and as a result the party that is defending it is up against a bigger hurdle because of the amount of money. But the good thing about this bill is it puts in certain requirements so that it tempers the ability of the third-party financier to just control the litigation,” Glascock said.
Businesses also celebrated a win with a personal property tax extension.
“What that’s gonna allow, it’ll have a multiplier effect in terms of generating more revenue in the economy because as those businesses go out and buy more products because they can now deduct it whether it’s supplies or materials. Hopefully a lot of that will be supplied by Arizona businesses and so it’ll go back into the economy,” Glascock said.