Bill Text: AZ SB1295 | 2020 | Fifty-fourth Legislature 2nd Regular | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Department of revenue; continuation

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2020-03-24 - Chapter 39 [SB1295 Detail]

Download: Arizona-2020-SB1295-Engrossed.html

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Senate Engrossed

 

 

 

 

State of Arizona

Senate

Fifty-fourth Legislature

Second Regular Session

2020

 

 

 

SENATE BILL 1295

 

 

 

AN ACT

 

repealing section 41‑3020.01, Arizona Revised Statutes; amending title 41, chapter 27, article 2, Arizona Revised Statutes, by adding section 41‑3028.01; relating to the department of revenue.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Repeal

Section 41-3020.01, Arizona Revised Statutes, is repealed.

Sec. 2.  Title 41, chapter 27, article 2, Arizona Revised Statutes, is amended by adding section 41-3028.01, to read:

START_STATUTE41-3028.01.  Department of revenue; termination; July 1, 2028

A.  The department of revenue terminates on July 1, 2028.

B.  Title 42, chapter 1, article 1 and this section are repealed on January 1, 2029.END_STATUTE

Sec. 3.  Purpose

Pursuant to section 41‑2955, subsection B, Arizona Revised Statutes, the legislature continues the department of revenue to efficiently and fairly administer and collect the taxes levied by this state and to determine the valuation of centrally assessed property in this state.

Sec. 4.  Retroactivity

Sections 1 and 2 of this act apply retroactively to from and after July 1, 2020.