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Bill > SB1638


AZ SB1638

AZ SB1638
Conformity; internal revenue code; deductions.


summary

Introduced
02/03/2026
In Committee
02/09/2026
Crossed Over
Passed
Dead

Introduced Session

Potential new amendment
Fifty-seventh Legislature - Second Regular Session (2026)

Bill Summary

AN ACT amending sections 42-1001, 43-105, 43-301, 43-323, 43-1022, 43-1041 and 43-1122, Arizona Revised Statutes; relating to taxation.

AI Summary

This bill updates Arizona's tax laws to conform to changes in the federal Internal Revenue Code, primarily by adjusting the definition of the "Internal Revenue Code" to reflect the latest federal tax laws as of January 1, 2026, for tax years beginning after December 31, 2025, and also includes provisions for taxable years beginning from and after December 31, 2024, through December 31, 2025, to adopt specific federal changes. It also makes several technical amendments to existing statutes, including changes to the standard deduction amounts for charitable contributions for taxable years beginning after December 31, 2025, and adds new subtractions from Arizona gross income for individuals related to qualified individual deductions, qualified passenger vehicle loan interest, qualified tips, and qualified overtime compensation, all of which apply retroactively to taxable years beginning after December 31, 2024.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Senate COW 02/11 - Sundareshan flr amend (ref FIN) - Senate COW 02/11 - Sundareshan flr amend (ref FIN) (on 02/12/2026)

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