HB 2269 — tax policy review; reform; recommendations

Bill Text

• Introduced Introduced Version Current html

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill mandates the review of state and local tax policies and the development of reform recommendations, with a set repeal date.

• On or before the first Monday in February 2019 and the first Monday in February 2020, the department and joint legislative budget committee shall:

  This establishes deadlines for reviewing tax policies and developing recommendations.

• In consultation with an association of county supervisors in this state and an association of cities and towns in this state, review state and local tax policies and develop recommendations for state and local tax policy reforms that will make this state more competitive with other low‑tax states that have growing economies and populations.

  This introduces collaboration with local associations to inform tax policy reviews.

• On or before the first Monday in February 2019 and the first Monday in February 2020, submit a report of the findings and recommendations to the governor, the president of the senate and the speaker of the house of representatives and provide a copy of this report to the secretary of state.

  This mandates the submission of findings and recommendations reports to key state officials.

• This section is repealed from and after December 31, 2020.

  This sets a repeal date for the tax policy review requirements.

• Moving to a consumption or transaction privilege-only tax, such as those aspects found within the proposed Fair Tax Act of 2017.

  This suggests transforming the tax system to a consumption-based model.

• Eliminating the regressive state income tax.

  This proposes the removal of the state income tax.

• Capping, reducing or eliminating private and commercial property taxes.

  This recommends changes to property tax assessment policies.

• Reducing or eliminating corporate and business taxes.

  This suggests lowering or nullifying taxes on corporations and businesses.

• Collecting taxes on online sales to consumers located in this state from companies that are not currently collecting Arizona transaction privilege tax and collecting transaction privilege tax on services that are currently exempt to reduce overall transaction privilege tax rates.

  This proposes to broaden tax collection on online sales and certain services to lower overall tax rates.

Action History

1. January 18, 2018

   house second reading

2. January 17, 2018

   house first reading.

Sponsors

• Todd A. Clodfelter · Cosponsor
• Brenda Barton · Cosponsor
• Bob Thorpe · Primary
• Jay Lawrence · Cosponsor
• Drew John · Cosponsor
• Kevin Payne · Cosponsor
• Becky A. Nutt · Cosponsor

Subjects