summary
Introduced
04/27/2026
04/27/2026
In Committee
05/04/2026
05/04/2026
Crossed Over
Passed
Dead
Introduced Session
Fifty-seventh Legislature - Second Regular Session (2026)
Bill Summary
AN ACT amending sections 20-224 and 20-224.01, Arizona Revised Statutes; repealing SECTION 20-224.03, Arizona Revised Statutes; amending sections 20-837, 20-1010, 20-1060, 20-1097.07, 28-2154.01 and 41-1520, Arizona Revised Statutes; repealing section 41-1525, Arizona Revised Statutes; amending sections 42-1001, 42-2003, 42-5009 and 42-5029, Arizona Revised Statutes; repealing section 42-5031, Arizona Revised Statutes; amending sections 42-5061 and 42-5071, Arizona Revised Statutes; amending section 42-5159, Arizona Revised Statutes, as amended by Laws 2025, chapter 135, section 2 and chapter 247, section 2; repealing section 42-5159, Arizona Revised Statutes, as amended by laws 2025, chapter 251, section 13; amending sections 42-6009, 43-105, 43-222, 43-301, 43-323 and 43-1022, arizona revised statutes; amending title 43, chapter 10, article 3, Arizona Revised Statutes, by adding section 43-1030; amending sections 43-1041, 43-1042 and 43-1073.01, Arizona Revised Statutes; repealing section 43-1074, Arizona Revised Statutes; amending section 43-1074.01, Arizona Revised Statutes; repealing sections 43-1083 and 43-1083.02, Arizona Revised Statutes; amending sections 43-1083.03, 43-1121 and 43-1122, Arizona Revised Statutes; repealing sections 43-1161 and 43-1164.03, Arizona Revised Statutes; amending sections 43-1164.04, 43-1164.05 and 43-1168, Arizona Revised Statutes; repealing section 43-1170, Arizona Revised Statutes; amending title 43, Arizona Revised Statutes, by adding chapter 18; amending sections 48-4203, 48-4204, 48-4231.01, 48-4231.02 and 48-4237, Arizona Revised Statutes; relating to taxation.
AI Summary
This bill makes numerous changes to Arizona's tax laws, primarily focusing on income and transaction privilege taxes. Key provisions include updating the reference date for the Internal Revenue Code for tax purposes, adjusting the standard deduction for inflation and allowing a deduction for charitable contributions, and modifying the dependent tax credit. It also repeals several tax credits related to research and development and qualified facilities, while also making changes to the rules for claiming credits for renewable energy investments and research activities. The bill also amends provisions related to the taxation of insurance premiums, the distribution of transaction privilege tax revenues, and the exemptions and deductions for various business activities, including those related to motor vehicles, telecommunications, and environmental technology. Additionally, it introduces a new chapter related to scholarship granting organizations and their certification, and makes adjustments to the powers and reporting requirements of county stadium districts, including changes to how certain tax revenues are used and accounted for. The bill also includes provisions for the retroactivity of certain amendments and a saving clause for previously carried-forward tax credits.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Senate Committee of the Whole action: Do Pass (on 05/04/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.azleg.gov/BillStatus/BillOverview/85706 |
| Analysis - SENATE FACT SHEET: 05/07/2026 ATT As Vetoed | https://apps.azleg.gov/BillStatus/GetDocumentPdf/543114 |
| BillText | https://www.azleg.gov/legtext/57leg/2r/bills/sb1845s.htm |
| Analysis - SENATE FACT SHEET: 04/27/2026 ATT | https://apps.azleg.gov/BillStatus/GetDocumentPdf/542874 |
| BillText | https://www.azleg.gov/legtext/57leg/2r/bills/sb1845p.htm |
Loading...