House refuses to require individual income tax rates to be cut during surplus
The state House refused Monday to require that individual income tax rates be cut automatically any time the state runs a surplus.
Arizona can win big with property tax reform
As lawmakers debate a tax package to aid in Arizona’s continued economic recovery from the pandemic and to position our state for increased growth, lowering the assessment ratio on commercial property is a policy change that would meaningfully enhance our ability to attract private investment and job creators.
Major job-creation threat to Arizona on horizon
Besides the imposition of a new special statewide taxing district which would be a first, we also are potentially facing the largest single tax increase, if passed, in state history. It is almost an outright 15% annual increase for the entire state budget!
Seniors to get break on property tax under Senate bill
Some Arizona seniors could be in line for a big property tax break -- including some that a few lawmakers question whether they deserve it.
Arizona Supreme Court to consider taxation of leased solar panels
The state Court of Appeals last May upheld a trial judge's ruling that state Department of Revenue was wrong when it determined in 2013 the leased rooftop solar systems should be subject to property tax as electricity generating systems.
Property tax on solar companies nixed by Court of Appeals
Rooftop solar companies that lease panels to customers shouldn’t be charged property taxes for the solar arrays, an Arizona appellate court ruled Thursday.
GCU flexes political muscles with new campaign committee
Following the defeat of a high-priority bill that would have given Grand Canyon University a massive property tax break, the school is looking to wade into the world of electoral politics.
‘Invisible space’ may block funding for new schools
Gov. Doug Ducey is looking to maintain the status quo in the in the face of a proposed policy change in the budget that would make it far more difficult for overcrowded school districts to get state funding to expand.
House gives preliminary approval to ‘Small Business Job Creation Act’
The state House is asking Arizona voters to lower property taxes -- but not for themselves. In fact, HCR 2031, given preliminary approval on Wednesday, actually could mean higher taxes for homeowners.
Property tax reformer gearing up for fourth attempt at ballot measure
A self-proclaimed property tax reformer is making yet another attempt to convince voters to impose new caps on the annual levy. Lynne Weaver has taken the first steps to putting a measure on the 2016 ballot that would essentially freeze property valuations at where they are now and allow in most cases for only inflationary increases.
Solar panel companies sue Revenue Department over property tax hike
Two solar panel companies filed a lawsuit today alleging the Arizona Department of Revenue acted illegally last year by issuing a new interpretation of existing property tax law which stripped an exemption from homeowners’ leased solar panels.
Some panel members say Arizona’s income tax system is fine after all
Members of a panel tasked with studying Arizona’s personal income tax system said that while flattening or doing away with the income tax may be a popular talking point, the state’s current system is reasonably fair and may not need a major overhaul.