HB 2019 - licensing; permitting; criteria; clarity. Rep. Travis Grantham (R). If a county or municipality requires a license or permit for any constitutionally protected activity or any activity that changes the use, appearance, or density of a structure or land, the county or municipality is required to state in clear and unambiguous language the criteria for granting the license or permit. Counties and municipalities are required to grant or deny an application for such a license or permit within 30 days. Passed House; Transmitted to Senate.
HB 2040 - industrial development bonds; preapproval; repeal. Rep. Selina Bliss (R). Corporations are no longer required to obtain approval from the Arizona Department of Housing in order to issue bonds to finance a multifamily residential rental project, clinic, rest home, nursing home, skilled nursing facility, or life care facility. Passed House with amendments; Transmitted to Senate. Passed Senate with additional amendment on 4/4/23, then transmitted back to House for concurrence.
SB 1065 - appropriation; widening; I-10. Sen. T.J. Shope. Appropriates $360 million from the general fund in FY2023-24 to the Arizona Department of Transportation (ADOT) to widen Interstate 10 between Chandler and Casa Grande. ADOT is required to use the monies for construction-related activities, including drawing down federal matching monies for the project. Passed Senate; Transmitted to House. Expected to be part of budget negotiations.
SB 1102 - S/E related to affordable housing tax credit. Rep. Marcelino Quinonez (D). Increases affordable housing tax credit from $4M to $10M per calendar year. Strike everything amendment passed on House. Awaiting COW.
SB 1263 - business personal property; tax exemption. Sen. J.D. Mesnard (R).Personal property classified as class 2 property and used for agricultural purposes and personal property classified as class 1 property and used in a trade or business is exempt from taxation, instead of only being exempt for up to a maximum amount of $207,366. Applies to tax years beginning with 2024. Passed Senate; Transmitted to House. Expected to be part of budget negotiations.
SB 1276 - assessed valuation; class one property. Sen. J.D. Mesnard. Reduces the assessed valuation of class one property to 16 percent of the full cash value or limited valuation for 2024 and 15 percent of the full cash value or limited valuation beginning January 1, 2025, instead of 16.5 percent for 2024, 16 percent for 2025, 15.5 percent for 2026, and 15 percent beginning January 1, 2027. Establishes a new table of depreciated values for personal property initially classified before tax year 2022 as certain types of class one, two, or six property. Apples to tax years beginning with 2024. Passed Senate; Transmitted to House. Expected to be part of budget negotiations.
SB 1651 - water; energy; financing program. Sen. Sonny Borelli (R). Counties and municipalities are authorized to provide for or allow the construction, installation or modification of critical capital expenditure improvements, energy efficiency improvements, renewable energy improvements or resiliency improvements on qualifying property by establishing a Commercial Property Assessed Capital Expenditure (C-PACE) Financing Program. Dead.
SB 1660 - water; effluent; credits. Sen. Sine Kerr (R). Allows an industrial facility to construct and operate an on-site wastewater treatment facility for wastewater, and discharge its effluent after treatment by the on-site wastewater treatment facility, to a constructed underground storage facility, under outlined conditions. Passed Senate; Transmitted to House. House consent calendar 4/10/23.
SCR 1015 - initiative; referendum; signatures; legislative districts. Sen. J.D. Mesnard. The 2024 general election ballot is to carry the question of whether to amend the state Constitution to require statewide initiative measures to obtain signatures from 10 percent of the voters from each legislative district, instead of from the entire state, for a statewide measure, and from 15 percent of the voters of each legislative district, instead of from the entire state, for an amendment to the state Constitution. Passed Senate; Transmitted to House.
HB 2315 - primary residence; property tax; exemption. Rep. Rachel Jones (R). The primary residence of an Arizona resident that is not subject to a mortgage, deed of trust or other similar encumbrance is exempt from taxation. This would have the effect of shifting the tax burden to commercial property taxpayers. Dead.
2022 Legislative Highlights Advocating for our Member Businesses
The 2nd regular session of the 55th Arizona State Legislature convened on January 10 and adjourned on June 25, 2022.
Reduced Commercial Property Assessment Ratio to 15%
Eliminated State Equalization Tax Rate. $98 Million SAVED for commercial property taxpayers