Bill > HB2794

This bill requires the Arizona Department of Revenue (DOR) to work with interested parties, referred to as stakeholders, to create suggestions for improving how the state collects taxes from people who don't live in Arizona but earn money from selling property here. Specifically, the DOR must collaborate with stakeholders by December 31, 2027, to develop recommendations that ensure taxpayers follow section 43-312 of Arizona Revised Statutes, which likely deals with tax obligations for nonresidents, and to find the best ways to enforce and collect taxes from nonresidents on profits from selling property in Arizona, known as capital gains, that are subject to Arizona tax. The DOR is then mandated to submit a report of these recommendations to legislative leaders and the governor by June 30, 2028, with this requirement set to expire on December 31, 2028.

Budget and Finance

https://apps.azleg.gov/BillStatus/BillOverview/84615