AZ HB2801

Amends Arizona Revised Statutes Section 42-18053 regarding interest on delinquent property taxes.

Maintains the 16 percent annual simple interest rate on delinquent taxes, with interest accruing from the date of delinquency until payment.

Exempts interest charges when delinquency results from errors by the county assessor or county treasurer.

Eliminates interest charges if the full year tax is paid on or before December 31 of the tax year, regardless of whether the tax payment is due under the standard payment schedule or for tax amounts of $100 or less.