HB 4152 — 2026-2027; taxation; omnibus.

4152 I.

- 18 - HBH.B. 4152 S.

4152 S.

A court, arbitrator, data clearinghouse or similar entity for the purpose of assessing compliance with or making calculations required by the master settlement agreement or agreements regarding disputes under - 19 - HBH.B. 4152 the master settlement agreement, and with counsel for the parties or expert witnesses in any such proceeding, if the information otherwise remains confidential.

4152 the master settlement agreement, and with counsel for the parties or expert witnesses in any such proceeding, if the information otherwise remains confidential.

Obtaining a certificate executed by the purchaser indicating the name and address of the purchaser, the precise nature of the business of - 20 - HBH.B. 4152 the purchaser, the purpose for which the purchase was made, the necessary facts to establish the appropriate deduction and the tax license number of the purchaser to the extent the deduction depends on the purchaser conducting business classified under article 2 of this chapter and a certification that the person executing the certificate is authorized to do so on behalf of the purchaser.

4152 the purchaser, the purpose for which the purchase was made, the necessary facts to establish the appropriate deduction and the tax license number of the purchaser to the extent the deduction depends on the purchaser conducting business classified under article 2 of this chapter and a certification that the person executing the certificate is authorized to do so on behalf of the purchaser.

- 21 - HBH.B. 4152 F.

4152 F.

For the purposes of the deductions provided by section 42-5061, subsection A, paragraph 14, subdivision (b) and section 42-5061, - 22 - HBH.B. 4152 subsection V U, a copy of the nonresident registration permit authorized by section 28-2154.

4152 subsection V U, a copy of the nonresident registration permit authorized by section 28-2154.

A prime contractor shall obtain the certificate from the department and shall provide a copy to any such person working on the - 23 - HBH.B. 4152 project.

4152 project.

- 24 - HBH.B. 4152 P.

4152 P.

- 25 - HBH.B. 4152 R.

4152 R.

- 26 - HBH.B. 4152 6.

4152 6.

(i) The proportion that the assessed valuation used to determine secondary property taxes of each county, after deducting that part of the assessed valuation that is exempt from taxation at the beginning of the month for which the amount is to be paid, bears to the total assessed valuations used to determine secondary property taxes of all the counties after deducting that portion of the assessed valuations that is exempt from taxation at the beginning of the month for which the amount is to be - 27 - HBH.B. 4152 paid.

4152 paid.

- 28 - HBH.B. 4152 1.

4152 1.

- 29 - HBH.B. 4152 6.

4152 6.

Each month the state treasurer shall reduce the amount otherwise distributable to the city, town and county under this section by - 30 - HBH.B. 4152 1/36 of the total amount to be recovered from the city, town or county until the total amount has been recovered, but the monthly reduction for any city, town or county shall not exceed ten percent of the full monthly distribution to that entity.

4152 1/36 of the total amount to be recovered from the city, town or county until the total amount has been recovered, but the monthly reduction for any city, town or county shall not exceed ten percent of the full monthly distribution to that entity.

On notice from the auditor general pursuant to section 9-626, subsection D, the state treasurer shall withhold from the distribution of - 31 - HBH.B. 4152 monies pursuant to this section to the affected city the amount computed pursuant to section 9-626, subsection D.

4152 monies pursuant to this section to the affected city the amount computed pursuant to section 9-626, subsection D.

- 32 - HBH.B. 4152 3.

4152 3.

7 United States Code sections 2011 through 2036b) by the United States - 33 - HBH.B. 4152 department of agriculture food and nutrition service or food instruments issued under section 17 of the child nutrition act (P.L.

4152 department of agriculture food and nutrition service or food instruments issued under section 17 of the child nutrition act (P.L.

- 34 - HBH.B. 4152 (c) "Precious metal bullion" means precious metal, including gold, silver, platinum, rhodium and palladium, that has been smelted or refined so that its value depends on its contents and not on its form.

4152 (c) "Precious metal bullion" means precious metal, including gold, silver, platinum, rhodium and palladium, that has been smelted or refined so that its value depends on its contents and not on its form.

(h) Any person representing or working on behalf of another person described in subdivisions (a) through (g) of this paragraph if the - 35 - HBH.B. 4152 tangible personal property is incorporated or fabricated into a project described in section 42-5075, subsection P.

4152 tangible personal property is incorporated or fabricated into a project described in section 42-5075, subsection P.

This paragraph does not apply to an organization that is owned, managed or controlled, in whole or in part, by a major league baseball team, or its owners, officers, employees or agents, or by a major league baseball association or professional golfing association, or its owners, officers, employees or agents, unless the organization conducted or operated exhibition events in - 36 - HBH.B. 4152 this state before January 1, 2018 that were exempt from taxation under section 42-5073.

4152 this state before January 1, 2018 that were exempt from taxation under section 42-5073.

In the case of an environmental technology manufacturer, producer or processor that does not - 37 - HBH.B. 4152 manufacture paper, the time period begins with the date the first manufacturing, processing or production equipment is placed in service.

4152 manufacture paper, the time period begins with the date the first manufacturing, processing or production equipment is placed in service.

(b) Livestock and poultry feed, salts, vitamins and other additives for livestock or poultry consumption that are sold to persons for use or consumption by their own livestock or poultry, for use or consumption in the businesses of farming, ranching and producing or feeding livestock, - 38 - HBH.B. 4152 poultry, or livestock or poultry products or for use or consumption in noncommercial boarding of livestock.

4152 poultry, or livestock or poultry products or for use or consumption in noncommercial boarding of livestock.

- 39 - HBH.B. 4152 51.

4152 51.

- 40 - HBH.B. 4152 (b) "Indian reservation" means all lands that are within the limits of areas set aside by the United States for the exclusive use and occupancy of an Indian tribe by treaty, law or executive order and that are recognized as Indian reservations by the United States department of the interior.

4152 (b) "Indian reservation" means all lands that are within the limits of areas set aside by the United States for the exclusive use and occupancy of an Indian tribe by treaty, law or executive order and that are recognized as Indian reservations by the United States department of the interior.

Transformers and control equipment used at transmission - 41 - HBH.B. 4152 substation sites constitute equipment used in producing or transmitting electrical power.

4152 substation sites constitute equipment used in producing or transmitting electrical power.

(iv) Operating an aircraft to transport persons in any manner for compensation or hire, or for use in a fractional ownership program that meets the requirements of federal aviation administration regulations (14 Code of Federal Regulations part 91, subpart K), including as an air carrier, a foreign air carrier or a commercial operator or under a - 42 - HBH.B. 4152 restricted category, within the meaning of 14 Code of Federal Regulations, regardless of whether the operation or aircraft is regulated or certified under part 91, 119, 121, 133, 135, 136 or 137, or another part of 14 Code of Federal Regulations.

4152 restricted category, within the meaning of 14 Code of Federal Regulations, regardless of whether the operation or aircraft is regulated or certified under part 91, 119, 121, 133, 135, 136 or 137, or another part of 14 Code of Federal Regulations.

(a) "Off-highway vehicles" means off-highway vehicles as defined in section 28-1171 that are modified at the time of sale to function as a - 43 - HBH.B. 4152 tractor or to tow tractor-drawn implements and that are not equipped with a modified exhaust system to increase horsepower or speed or an engine that is more than one thousand cubic centimeters or that have a maximum speed of fifty miles per hour or less.

4152 tractor or to tow tractor-drawn implements and that are not equipped with a modified exhaust system to increase horsepower or speed or an engine that is more than one thousand cubic centimeters or that have a maximum speed of fifty miles per hour or less.

For the purposes of this paragraph, "clean room" means all property that comprises or creates an environment where humidity, temperature, particulate matter and - 44 - HBH.B. 4152 contamination are precisely controlled within specified parameters, without regard to whether the property is actually contained within that environment or whether any of the property is affixed to or incorporated into real property.

4152 contamination are precisely controlled within specified parameters, without regard to whether the property is actually contained within that environment or whether any of the property is affixed to or incorporated into real property.

- 45 - HBH.B. 4152 (b) Machinery or equipment purchased to replace machinery or equipment for which an exemption was previously claimed and taken under this paragraph.

4152 (b) Machinery or equipment purchased to replace machinery or equipment for which an exemption was previously claimed and taken under this paragraph.

In addition to the deductions from the tax base prescribed by subsection A of this section, there shall be deducted from the tax base the gross proceeds of sales or gross income derived from sales of machinery, equipment, materials and other tangible personal property used directly and predominantly to construct a qualified environmental - 46 - HBH.B. 4152 technology manufacturing, producing or processing facility as described in section 41-1514.02.

4152 technology manufacturing, producing or processing facility as described in section 41-1514.02.

- 47 - HBH.B. 4152 1.

4152 1.

- 48 - HBH.B. 4152 O.

4152 O.

The amount shall be treated as transaction privilege tax to the purchaser and as tax revenues collected - 49 - HBH.B. 4152 from the seller to designate the distribution base pursuant to section 42-5029.

4152 from the seller to designate the distribution base pursuant to section 42-5029.

- 50 - HBH.B. 4152 (b) Tangible personal property that is permanently affixed or attached as a component part of an aircraft that is owned or operated by a certificated or licensed carrier of persons or property.

4152 (b) Tangible personal property that is permanently affixed or attached as a component part of an aircraft that is owned or operated by a certificated or licensed carrier of persons or property.

- 51 - HBH.B. 4152 Sec.

4152 Sec.

- 52 - HBH.B. 4152 (b) To a person that is engaged in business under section 42-5063 or 42-5064 or that is a cable operator.

4152 (b) To a person that is engaged in business under section 42-5063 or 42-5064 or that is a cable operator.

Tax liabilities, penalties and interest paid for taxable - 53 - HBH.B. 4152 periods before January 1, 1989 shall not be refunded unless the taxpayer requesting the refund provides proof satisfactory to the department that the monies paid as taxes will be returned to the customer.

4152 periods before January 1, 1989 shall not be refunded unless the taxpayer requesting the refund provides proof satisfactory to the department that the monies paid as taxes will be returned to the customer.

Motor vehicle fuel and use fuel, the sales, distribution or use of which in this state is subject to the tax imposed under title 28, - 54 - HBH.B. 4152 chapter 16, article 1, use fuel that is sold to or used by a person holding a valid single trip use fuel tax permit issued under section 28-5739, aviation fuel, the sales, distribution or use of which in this state is subject to the tax imposed under section 28-8344, and jet fuel, the sales, distribution or use of which in this state is subject to the tax imposed under article 8 of this chapter.

4152 chapter 16, article 1, use fuel that is sold to or used by a person holding a valid single trip use fuel tax permit issued under section 28-5739, aviation fuel, the sales, distribution or use of which in this state is subject to the tax imposed under section 28-8344, and jet fuel, the sales, distribution or use of which in this state is subject to the tax imposed under article 8 of this chapter.

- 55 - HBH.B. 4152 12.

4152 12.

(h) A person that is not subject to tax under section 42-5075 and that has been provided a copy of a certificate described in section 42-5009, subsection L, if the property purchased is incorporated or - 56 - HBH.B. 4152 fabricated by the person into the real property, structure, project, development or improvement described in the certificate.

4152 fabricated by the person into the real property, structure, project, development or improvement described in the certificate.

(b) A nonprofit organization that is exempt from taxation under section 501(c)(3), 501(c)(4) or 501(c)(6) of the internal revenue code if the organization is associated with a major league baseball team or a national touring professional golfing association and no part of the organization's net earnings inures to the benefit of any private - 57 - HBH.B. 4152 shareholder or individual.

4152 shareholder or individual.

- 58 - HBH.B. 4152 25.

4152 25.

Liquid, solid or gaseous chemicals used in manufacturing, processing, fabricating, mining, refining, metallurgical operations, - 59 - HBH.B. 4152 research and development and, beginning on January 1, 1999, printing, if using or consuming the chemicals, alone or as part of an integrated system of chemicals, involves direct contact with the materials from which the product is produced for the purpose of causing or allowing a chemical or physical change to occur in the materials as part of the production process.

4152 research and development and, beginning on January 1, 1999, printing, if using or consuming the chemicals, alone or as part of an integrated system of chemicals, involves direct contact with the materials from which the product is produced for the purpose of causing or allowing a chemical or physical change to occur in the materials as part of the production process.

(b) "Subcontract" means an agreement between a contractor and any person who is not an employee of the contractor for furnishing of supplies or services that, in whole or in part, are necessary to perform one or more government contracts, or under which any portion of the contractor's obligation under one or more government contracts is performed, undertaken or assumed, and that includes provisions causing title to overhead materials or other tangible personal property used in performing the subcontract to pass to the government or that includes provisions - 60 - HBH.B. 4152 incorporating such title passing clauses in a government contract into the subcontract.

4152 incorporating such title passing clauses in a government contract into the subcontract.

Tangible personal property sold by a nonprofit organization that is exempt from taxation under section 501(c)(6) of the internal revenue code if the organization produces, organizes or promotes cultural - 61 - HBH.B. 4152 or civic related festivals or events and no part of the organization's net earnings inures to the benefit of any private shareholder or individual.

4152 or civic related festivals or events and no part of the organization's net earnings inures to the benefit of any private shareholder or individual.

Tangible personal property incorporated or fabricated into a project described in section 42-5075, subsection O P, that is located within the exterior boundaries of an Indian reservation for which the - 62 - HBH.B. 4152 owner, as defined in section 42-5075, of the project is an Indian tribe or an affiliated Indian.

4152 owner, as defined in section 42-5075, of the project is an Indian tribe or an affiliated Indian.

The terms "manufacturing", "processing", "fabricating", "job printing", "refining" and "metallurgical" as used in this paragraph refer - 63 - HBH.B. 4152 to and include those operations commonly understood within their ordinary meaning.

4152 to and include those operations commonly understood within their ordinary meaning.

- 64 - HBH.B. 4152 8.

4152 8.

- 65 - HBH.B. 4152 11.

4152 11.

- 66 - HBH.B. 4152 (a) Any direct broadcast satellite television or data transmission service that operates pursuant to 47 Code of Federal Regulations part 25.

4152 (a) Any direct broadcast satellite television or data transmission service that operates pursuant to 47 Code of Federal Regulations part 25.

Machinery or equipment, including related structural components and containment structures, that is employed in connection with manufacturing, processing, fabricating, job printing, refining, mining, natural gas pipelines, metallurgical operations, telecommunications, producing or transmitting electricity or research and development and that is used directly to meet or exceed rules or regulations adopted by the - 67 - HBH.B. 4152 federal energy regulatory commission, the United States environmental protection agency, the United States nuclear regulatory commission, the Arizona department of environmental quality or a political subdivision of this state to prevent, monitor, control or reduce land, water or air pollution.

4152 federal energy regulatory commission, the United States environmental protection agency, the United States nuclear regulatory commission, the Arizona department of environmental quality or a political subdivision of this state to prevent, monitor, control or reduce land, water or air pollution.

Computer data center equipment sold to the owner, operator or qualified colocation tenant of a computer data center that is certified by the Arizona commerce authority under section 41-1519 or an authorized agent of the owner, operator or qualified colocation tenant during the - 68 - HBH.B. 4152 qualification period for use in the qualified computer data center.

4152 qualification period for use in the qualified computer data center.

Fees charged by a municipally owned utility to persons constructing residential, commercial or industrial developments or - 69 - HBH.B. 4152 connecting residential, commercial or industrial developments to a municipal utility system or systems if the fees are segregated and used only for capital expansion, system enlargement or debt service of the utility system or systems.

4152 connecting residential, commercial or industrial developments to a municipal utility system or systems if the fees are segregated and used only for capital expansion, system enlargement or debt service of the utility system or systems.

(v) A business that uses at least fifty-one percent of the value of its capitalized assets in this state, as reflected on the business's books - 70 - HBH.B. 4152 and records, for manufacturing or smelting and business activities directly related to manufacturing or smelting.

4152 and records, for manufacturing or smelting and business activities directly related to manufacturing or smelting.

Except as provided by this section, a city, town or other taxing jurisdiction may not levy a transaction privilege, sales, use, franchise or other similar tax or fee, however denominated, on the business of operating an online lodging marketplace or, in the case of an online lodging marketplace that is licensed pursuant to section 42-5005, subsection L, on any online lodging transaction facilitated by the online lodging marketplace or on any online lodging operator with respect to any - 71 - HBH.B. 4152 online lodging transaction for which it has received documentation that the online lodging marketplace has remitted or will remit the applicable tax to the department pursuant to section 42-5014, subsection E.

4152 online lodging transaction for which it has received documentation that the online lodging marketplace has remitted or will remit the applicable tax to the department pursuant to section 42-5014, subsection E.

- 72 - HBH.B. 4152 5.

4152 5.

For the purposes of computing income tax pursuant to this title, for taxable years beginning from and after December 31, 2022 through December 31, 2023, "internal revenue code" means the United States internal revenue code of 1986, as amended, in effect on January 1, 2023, including those provisions that became effective during 2022 with the specific adoption of all retroactive effective dates, and including - 73 - HBH.B. 4152 those provisions OF PUBLIC LAW 119-21 that are retroactively effective during taxable years beginning from and after December 31, 2022 through December 31, 2023.

4152 those provisions OF PUBLIC LAW 119-21 that are retroactively effective during taxable years beginning from and after December 31, 2022 through December 31, 2023.

116-94), the coronavirus aid, - 74 - HBH.B. 4152 relief, and economic security act (P.L.

4152 relief, and economic security act (P.L.

- 75 - HBH.B. 4152 K.

4152 K.

- 76 - HBH.B. 4152 C.

4152 C.

Are not required to add any income under section 43-1021 and do not elect to claim any subtractions under section 43-1022 or file for any - 77 - HBH.B. 4152 credits under chapter 10, article 5 of this title, except the credits provided by sections 43-1072.01, 43-1072.02 and 43-1073.

4152 credits under chapter 10, article 5 of this title, except the credits provided by sections 43-1072.01, 43-1072.02 and 43-1073.

- 78 - HBH.B. 4152 2.

4152 2.

- 79 - HBH.B. 4152 11.

4152 11.

- 80 - HBH.B. 4152 (b) In taxable years beginning from and after December 31, 2012 through December 31, 2013, an amount determined in the year the asset was placed in service based on the calculation in subdivision (a) of this paragraph.

4152 (b) In taxable years beginning from and after December 31, 2012 through December 31, 2013, an amount determined in the year the asset was placed in service based on the calculation in subdivision (a) of this paragraph.

In the case of a husband and wife who file separate returns, the subtraction may be taken by either taxpayer or may be divided between - 81 - HBH.B. 4152 them, but the total subtractions allowed both husband and wife may not exceed $4,000 per beneficiary.

4152 them, but the total subtractions allowed both husband and wife may not exceed $4,000 per beneficiary.

For taxable years beginning from and after December 31, 2017, the amount of any net capital gain included in Arizona gross income for the taxable year that is derived from the exchange of one kind of legal - 82 - HBH.B. 4152 tender for another kind of legal tender.

4152 tender for another kind of legal tender.

- 83 - HBH.B. 4152 (c) "Virtual currency" has the same meaning prescribed in section 43-1028.

4152 (c) "Virtual currency" has the same meaning prescribed in section 43-1028.

- 84 - HBH.B. 4152 38.

4152 38.

- 85 - HBH.B. 4152 (b) AN INDIVIDUAL RETIREMENT ACCOUNT UNDER SECTION 408 OF THE INTERNAL REVENUE CODE, INCLUDING A SIMPLIFIED EMPLOYEE PENSION AS DEFINED IN SECTION 408(k) OF THE INTERNAL REVENUE CODE AND A SIMPLE RETIREMENT ACCOUNT AS DEFINED IN SECTION 408(p) OF THE INTERNAL REVENUE CODE.

4152 (b) AN INDIVIDUAL RETIREMENT ACCOUNT UNDER SECTION 408 OF THE INTERNAL REVENUE CODE, INCLUDING A SIMPLIFIED EMPLOYEE PENSION AS DEFINED IN SECTION 408(k) OF THE INTERNAL REVENUE CODE AND A SIMPLE RETIREMENT ACCOUNT AS DEFINED IN SECTION 408(p) OF THE INTERNAL REVENUE CODE.

- 86 - HBH.B. 4152 (a) The spouse makes a change of election with respect to the standard deduction for the taxable year covered in the separate return consistent with the change of election sought by the taxpayer.

4152 (a) The spouse makes a change of election with respect to the standard deduction for the taxable year covered in the separate return consistent with the change of election sought by the taxpayer.

Except as provided by subsections B, and C AND D of this section, at the election of the taxpayer, and in lieu of the standard deduction allowed by section 43-1041, in computing taxable income the - 87 - HBH.B. 4152 taxpayer may take the amount of itemized deductions allowable for the taxable year pursuant to subtitle A, chapter 1, subchapter B, parts VI and VII, but subject to the limitations LIMITS prescribed by sections 67, 68 and 274 of the internal revenue code.

4152 taxpayer may take the amount of itemized deductions allowable for the taxable year pursuant to subtitle A, chapter 1, subchapter B, parts VI and VII, but subject to the limitations LIMITS prescribed by sections 67, 68 and 274 of the internal revenue code.

$25 minus five percent for each $1,000, or fraction thereof, by which the taxpayer's federal adjusted gross income exceeds the applicable - 88 - HBH.B. 4152 threshold provided in this subsection for each dependent who is at least seventeen years of age at the end of the taxable year.

4152 threshold provided in this subsection for each dependent who is at least seventeen years of age at the end of the taxable year.

For taxable years beginning from and after December 31, 2014, any basic research payments used to determine the additional credit under this subdivision must first receive certification from the Arizona commerce - 89 - HBH.B. 4152 authority pursuant to section 41-1507.01.

4152 authority pursuant to section 41-1507.01.

For taxable years beginning from and after December 31, 2009, if a taxpayer who claims a credit under this section employs fewer than one - 90 - HBH.B. 4152 hundred fifty persons in the taxpayer's trade or business and if the allowable credit under this section exceeds the taxes otherwise due under this title on the claimant's income, or if there are no taxes due under this title, in lieu of carrying the excess amount of credit forward to subsequent taxable years under subsection B of this section, the taxpayer may elect to receive a refund as follows:

4152 hundred fifty persons in the taxpayer's trade or business and if the allowable credit under this section exceeds the taxes otherwise due under this title on the claimant's income, or if there are no taxes due under this title, in lieu of carrying the excess amount of credit forward to subsequent taxable years under subsection B of this section, the taxpayer may elect to receive a refund as follows:

- 91 - HBH.B. 4152 (ii) If the total qualifying investment is $2,000,000,000 or more, $300,000 for each net new full-time employment position that has duties associated with the qualified facility.

4152 (ii) If the total qualifying investment is $2,000,000,000 or more, $300,000 for each net new full-time employment position that has duties associated with the qualified facility.

- 92 - HBH.B. 4152 If the department determines that a refund is incorrect or invalid, the excess refund may be treated as a tax deficiency pursuant to section 42-1108.

4152 If the department determines that a refund is incorrect or invalid, the excess refund may be treated as a tax deficiency pursuant to section 42-1108.

- 93 - HBH.B. 4152 Sec.

4152 Sec.

For the purposes of this paragraph, "control" means direct or indirect ownership or control of fifty percent - 94 - HBH.B. 4152 or more of the voting stock of the domestic international sales corporation by the payor corporation.

4152 or more of the voting stock of the domestic international sales corporation by the payor corporation.

- 95 - HBH.B. 4152 20.

4152 20.

The portion of any wages or salaries paid or incurred by the taxpayer for the taxable year that is equal to the amount of the federal work opportunity credit, the empowerment zone employment credit, the credit for employer paid social security taxes on employee cash tips and - 96 - HBH.B. 4152 the Indian employment credit that the taxpayer received under sections 45A, 45B, 51(a) and 1396 of the internal revenue code.

4152 the Indian employment credit that the taxpayer received under sections 45A, 45B, 51(a) and 1396 of the internal revenue code.

- 97 - HBH.B. 4152 17.

4152 17.

- 98 - HBH.B. 4152 Sec.

4152 Sec.

- 99 - HBH.B. 4152 D.

4152 D.

- 100 - HBH.B. 4152 H.

4152 H.

Self-consumption includes the power used by related entities if the - 101 - HBH.B. 4152 related entities are directly or indirectly under the same ownership interests that collectively own more than eighty percent.

4152 related entities are directly or indirectly under the same ownership interests that collectively own more than eighty percent.

- 102 - HBH.B. 4152 3.

4152 3.

- 103 - HBH.B. 4152 3.

4152 3.

For taxpayers - 104 - HBH.B. 4152 using investments made by third-party entities on behalf of or for the direct benefit of the taxpayer, the investment threshold is $1,500,000,000.

4152 using investments made by third-party entities on behalf of or for the direct benefit of the taxpayer, the investment threshold is $1,500,000,000.

(d) Solid woody waste materials, including landscape or right-of-way tree trimmings, rangeland maintenance residues, waste - 105 - HBH.B. 4152 pallets, crates and manufacturing, construction and demolition wood wastes but excluding pressure-treated, chemically treated or painted wood wastes and wood contaminated with plastic.

4152 pallets, crates and manufacturing, construction and demolition wood wastes but excluding pressure-treated, chemically treated or painted wood wastes and wood contaminated with plastic.

- 106 - HBH.B. 4152 (ii) For taxable years beginning from and after December 31, 2030, the credit is equal to twenty percent of that amount.

4152 (ii) For taxable years beginning from and after December 31, 2030, the credit is equal to twenty percent of that amount.

- 107 - HBH.B. 4152 3.

4152 3.

- 108 - HBH.B. 4152 Sec.

4152 Sec.

- 109 - HBH.B. 4152 Sec.

4152 Sec.

- 110 - HBH.B. 4152 3.

4152 3.

At the discretion of the chairpersons of the senate finance - 111 - HBH.B. 4152 committee and the house of representatives ways and means committee, or their successor committees, the committees may hold separate or joint hearings to consider the annual report prepared by the district.

4152 committee and the house of representatives ways and means committee, or their successor committees, the committees may hold separate or joint hearings to consider the annual report prepared by the district.

From the taxes and surcharges levied pursuant to article 2 of this chapter for use with respect to major league baseball spring training, the district may acquire land and construct, finance, furnish, maintain, improve, operate, market and promote the use of existing or proposed major league baseball spring training facilities or stadiums and other structures, utilities, roads, parking areas or buildings necessary for full use of the training facilities or stadiums for sports and other - 112 - HBH.B. 4152 purposes and do all things necessary or convenient to accomplish those purposes.

4152 purposes and do all things necessary or convenient to accomplish those purposes.

The board members' written statements may be - 113 - HBH.B. 4152 provided in a single document that is prepared by the board's administrative personnel but must be signed by the board members and must be posted to the district's website with the notice prescribed in paragraph 1 of this subsection.

4152 provided in a single document that is prepared by the board's administrative personnel but must be signed by the board members and must be posted to the district's website with the notice prescribed in paragraph 1 of this subsection.

- 114 - HBH.B. 4152 H.

4152 H.

- 115 - HBH.B. 4152 C.

4152 C.

- 116 - HBH.B. 4152 2.

4152 2.

If the governing body of each municipality approves the district's request for an election, and if a majority of the qualified electors from each municipality voting at the election approves the multipurpose facilities district transaction privilege tax or other taxes or charges pursuant to subsection E of this section, the board by resolution may levy and, if levied, the department of revenue shall collect a transaction privilege tax solely within the district pursuant to this section or other taxes or charges pursuant to subsection E of this - 117 - HBH.B. 4152 section to be used and spent for the purposes described in section 48-4204, subsection B for the multipurpose facilities.

4152 section to be used and spent for the purposes described in section 48-4204, subsection B for the multipurpose facilities.

For the purposes of this paragraph, "replacement vehicle" means a vehicle loaned by a motor vehicle repair facility or dealer, or that an - 118 - HBH.B. 4152 individual rents temporarily, to use while a vehicle owned by the individual is not in use because of breakdown, repair, service, damage, or loss as defined in the individual's applicable private passenger automobile insurance policy.

4152 individual rents temporarily, to use while a vehicle owned by the individual is not in use because of breakdown, repair, service, damage, or loss as defined in the individual's applicable private passenger automobile insurance policy.

- 119 - HBH.B. 4152 5.

4152 5.