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Hobbs signs legislation to eliminate right of cities, towns to set local rental tax
Howard Fischer, Capitol Media Services//August 1, 2023//[read_meter]
Gov. Katie Hobbs on Aug. 1, 2023 signed legislation to eliminate the right of cities and towns to impose a local sales tax on residential rentals. While not all communities have such a levy -- Tucson and Phoenix, for example, do not -- 75 of the 91 cities in the state do at rates ranging from 1% to 4%. And they take in an estimated $230 million. (Photo by Pexels)
Hobbs signs legislation to eliminate right of cities, towns to set local rental tax
Howard Fischer, Capitol Media Services//August 1, 2023//[read_meter]
Correction: Corrects paragraph that talks about Gov. Katie Hobbs signing the legislation to reflect that Phoenix does have a rental tax. Arizona renters are going to get some small relief...
