Bill > SB1407

This bill adds a new section to Arizona property tax law that specifically addresses how certain large-scale greenhouses will be assessed for tax purposes. The bill defines a greenhouse that qualifies for special tax treatment as one that is at least 50,000 square feet in area, is composed of movable and detachable components, can be reconstructed after removal, and is used for growing and processing vegetables, fruit, or citrus. The definition of "greenhouse" is broad, encompassing all property that creates a precisely controlled environment for crop cultivation, including equipment and systems that manage humidity, temperature, irrigation, and contamination. Importantly, the bill specifies that administrative office buildings and auxiliary storage buildings associated with the greenhouse are excluded from this special assessment. By classifying such greenhouses as agricultural tangible personal property, the bill likely provides a more favorable tax assessment method that could benefit large-scale agricultural greenhouse operations in Arizona, potentially encouraging agricultural innovation and investment in controlled environment agriculture.

Budget and Finance

https://apps.azleg.gov/BillStatus/BillOverview/82812