AZ SB1279

Adds section 42-19003.01 to Arizona Revised Statutes regarding taxation of computers and software used in business.

Personal computers and general purpose computers used in a trade or business shall be valued as personal property for tax purposes.

Operating system software necessary to enable computer operation shall be valued as part of the computer on which it is installed.

All other software besides operating system software, whether canned or customized for specific applications, shall not be valued as personal property and is exempt from taxation.

Clarifies that this statute codifies existing state law and does not constitute a change in law or provide basis for tax refund claims.