Arizona 56th Legislature - First Regular Session Status: In Committee

HB 2268 — income tax credits; repeal

Last action — House Second Reading

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 56th Legislature - First Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

How this bill changes current law

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The bill repeals certain income tax credits and modifies existing statutes related to income tax credits for qualified facilities.

  • Section 43-1081.01

    Section 43-1081.01.

    This section, which provided provisions on specific income tax credits, is entirely repealed.

  • Section 41-1512

    must be claimed in five equal installments as provided by section 43-1083.03 or 43-1164.04. → must be claimed in four equal installments as provided by section 43-1083.03 or 43-1164.04.

    The number of installments for claiming the income tax credits has been reduced from five to four.

  • Section 41-1512

    The authority shall not preapprove applicants as qualifying for credits under this section for any taxable year beginning from and after December 31, 2030. → The authority shall not preapprove applicants as qualifying for credits under this section for any taxable year beginning from and after December 31, 2025.

    The end date for preapproval of income tax credits has been moved from December 31, 2030 to December 31, 2025.

  • Section 43-1084

    amounts up to $125,000,000 in any calendar year, except as provided by this subsection. → amounts up to $75,000,000 in any calendar year, except as provided by this subsection.

    The cap on total income tax credits that can be approved in a calendar year has been reduced from $125 million to $75 million.

Action History

  1. House Second Reading

  2. House First Reading.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 92 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (92)

92 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HB 2268?
HB 2268 is sponsored by Andres Cano.
What is the current status of HB 2268?
This bill died with 56th Legislature - First Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 2268?
Track HB 2268 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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