Bill

Bill > HB2920


AZ HB2920

AZ HB2920
Qualifying tax rate; tax bill


summary

Introduced
02/12/2025
In Committee
03/17/2025
Crossed Over
02/26/2025
Passed
04/16/2025
Dead
Vetoed
04/18/2025

Introduced Session

Potential new amendment
Fifty-seventh Legislature - First Regular Session (2025)

Bill Summary

AN ACT amending section 15-996, Arizona Revised Statutes; relating to the county treasurer.

AI Summary

This bill amends the duties of county treasurers regarding school district tax reporting by adding a new requirement to property tax bills and statements. Specifically, the bill mandates that county treasurers must now clearly display two tax rates on each property tax document for properties within a school district: the state-determined "qualifying tax rate" (which is calculated according to section 15-992, subsections E and F) and the actual tax rate set by the specific school district (as determined by section 15-992, subsection G). The new provision requires the tax rates to be presented in a standardized format, with explicit language stating "The state-determined property tax rate to support [school district name] is [qualifying tax rate]" and "The [school district name] set property tax rate is [corresponding tax rate]." This change aims to provide property owners with more transparent information about how school district tax rates are determined, showing the difference between the state-calculated rate and the rate actually levied by the local school district.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Governor Vetoed (on 04/18/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...