43-409. Job creation withholdings clearing account
A. The job creation withholdings clearing account is established consisting of the sum of $21, 500, 000 in fiscal year 2018-2019 and $15, 500, 000 in each fiscal year after fiscal year 2018-2019.
B. On the twentieth day of each month, the state treasurer shall credit the following amounts from the clearing account:
1. To the Arizona commerce authority fund established by section 41-1506, one-twelfth of the annual sum of $10, 000, 000 in each fiscal year.
2. To the Arizona competes fund established by section 41-1545.01, one-twelfth of the annual sum of $11, 500, 000 in fiscal year 2018-2019 and $5, 500, 000 in each fiscal year after fiscal year 2018-2019.