Section 41-1501 - DefinitionsIn this chapter, unless the context otherwise requires:
1. "Authority" means the Arizona commerce authority.2. "Board" means the board of directors of the authority.3. "Chief executive officer" means the chief executive officer of the authority.4. "Direct job" means employment that is in direct connection with the operations or function of a business, facility or target industry, as determined and applied in standard economic modeling practices. 5. "Indirect job" means employment that is created in the local supply chain that serves a business, facility or target industry, as determined and applied in standard economic modeling practices. 6. "Induced job" means employment that is created as a result of local spending of the employees of the business, facility or target industry or the employees of suppliers that serves that business, facility or target industry, as determined and applied in standard economic modeling practices. Amended by L. 2024, ch. 206,s. 1, eff. 9/14/2024.