AZ SB1239

Prohibits cities and towns from imposing or increasing transaction privilege taxes on residential rental property above the rate in effect on January 1, 2010 without voter approval.

Any rate increase or new tax on residential rentals must be approved by qualified electors at a regular municipal election, with public funds available to cover election expenses.

Exempts health care facilities, long-term care facilities, and hotel/motel/transient lodging businesses from the voter approval requirement.

Applies to all similar taxes and fees regardless of their name (sales tax, gross receipts tax, use tax, franchise tax, etc.).

Effective retroactively to December 31, 2009, regardless of whether the city has adopted the model city tax code.