ARIZONA HOUSE OF REPRESENTATIVES

57th Legislature, 2nd Regular Session

Majority Research Staff

Senate: FIN DPA 4-3-0-0 | Third Read 16-11-3-0-0

                                                                                                              House: WM DP 5-3-0-1

☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal Note

SB 1293 : GPLET; abatement; limitation

Sponsor: Senator Mesnard, LD 13

Caucus & COW

Overview

Limits the abatement of revenues during the government property lease excise tax (GPLET) abatement period to the amounts designated for counties, cities, towns and community colleges and prohibits the abatement of GPLET revenues designated for school districts.

History

On or before February 15 each year, the county treasurer is required to submit a report to the Department of Revenue (DOR) and the Joint Legislative Budget Committee of all returns and payments received for the preceding calendar year regarding leases of government property improvements owned by the government lessor (A.R.S. § 42-6204).

Statute allows for a city or town to abate property tax on a property for eight years after the certificate of occupancy is issued on a government property improvement (A.R.S. § 42-6209).

Provisions

1.   Limits GPLET abatement to the amount otherwise designated for counties, cities, towns and community college districts, for GPLET development agreements approved by a governing body beginning from and after the general effective date.  (Sec. 1)

2.   Prohibits the abatement of GPLET revenues designated for school districts. (Sec. 1)

3.   Makes technical changes. (Sec. 1)

4.    

5.    

6.   ---------- DOCUMENT FOOTER ---------

7.   Initials VP/CS                 SB1293

8.   3/4/2026    Page 0 Caucus & COW

9.    

10.  ---------- DOCUMENT FOOTER ---------