Arizona Gov. Doug Ducey recently renewed Executive Order 2016-03 to prevent state agencies from making new regulatory rules, extending the moratorium until Dec. 31.

Ducey said he hopes renewal of the order facilitates the ease of job creation within the state, thus establishing Arizona as the ideal location for growing economies.

The order applies to all new regulatory rulemaking with the exception of the promotion of public health and safety, compliances with federal laws, budgeting requirements and the forging of changes to increase efficiency.

"Burdensome regulations are Arizona’s worst enemy as we continue to expand our economy – they inhibit job growth, economic development and can be detrimental to small businesses and startups," Ducey said.

Ducey hopes that through the removal of unhelpful obstacles, such as new regulations, businesses will be able to thrive, which will profit the state of Arizona.