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Arizona Legislature shoots down tax break for Grand Canyon, other for-profit schools

from Phoenix Business Journal

The Arizona Legislature has shot down a tax break bill that would have helped Grand Canyon University and other for-profit colleges. The Arizona House of Representatives voted 39-17 against Senate Bill 1402. The measure would have cut property taxes for GCU and other accredited for-profit colleges from 18.5 percent down to 5 percent. GCU has pushed for the 5 percent rate the past two sessions at the Legislature. more


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