Key Votes
SB 1025 - Tax Law Amendments (Budget Reconciliation) - Key Vote
Arizona Key Votes
Stages
Family
Issues
Stage Details
Legislation - Bill Passed (House) (32-15) - Aug. 18, 2009 (Key vote)
Title: Tax Law Amendments (Budget Reconciliation)
Vote Smart's Synopsis:
Vote to pass a bill that eliminates the state property tax and makes various other changes to the Arizona tax code.
Highlights:
-Repeals all references to the 'state equalization assistance property tax' in the Arizona tax code (Sec. 8).
-Establishes the Department of Revenue Administrative Fund, for the purpose of collecting money from unclaimed property, to be used to cover the department's administrative expenses (Sec. 11).
-Reduces the amount of time it takes for various types of property, including wages, stocks and interests, and fees owed by insurance companies, to be officially considered 'abandoned' (Sec. 15).
-Establishes new regulations for auditing districts that own multipurpose facilities, and requires that the auditor's findings be made public (Sec. 23).
-Establishes a date of December 31, 2008 for the retroactive application of the bill's elimination of property taxes (Sec. 42).
Legislation - Bill Passed (Senate) (17-7) - Aug. 12, 2009 (Key vote)
Title: Tax Law Amendments (Budget Reconciliation)
Vote Smart's Synopsis:
Vote to pass a bill that eliminates the state property tax and makes various other changes to the Arizona tax code.
Highlights:
-Repeals all references to the 'state equalization assistance property tax' in the Arizona tax code (Sec. 8).
-Establishes the Department of Revenue Administrative Fund, for the purpose of collecting money from unclaimed property, to be used to cover the department's administrative expenses (Sec. 11).
-Reduces the amount of time it takes for various types of property, including wages, stocks and interests, and fees owed by insurance companies, to be officially considered 'abandoned' (Sec. 15).
-Establishes new regulations for auditing districts that own multipurpose facilities, and requires that the auditor's findings be made public (Sec. 23).
-Establishes a date of December 31, 2008 for the retroactive application of the bill's elimination of property taxes (Sec. 42).
Legislation - Introduced (Senate) - July 27, 2009
Title: Tax Law Amendments (Budget Reconciliation)
Sponsors
- Robert 'Bob' Burns (AZ - R) (Out Of Office)
