AZ HB2585

Amends Arizona Revised Statutes section 42-6011 to require cities and towns to obtain voter approval before initially imposing or increasing the rate of transaction privilege taxes on residential rental or leasing of real property.

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

Applies the voter approval requirement regardless of whether the city or town has adopted the model city tax code.

Clarifies that this act is intended to clarify statutory intent and ratify existing legal interpretation without substantive changes to the law.