AZ SB1338

Amends Arizona Revised Statutes sections 42-5151, 42-5160, 42-5161, and 42-5162 to clarify that utility businesses are responsible for collecting use tax on their transactions with customers, separate from retailers' obligations.

Repeals section 42-5169, Arizona Revised Statutes, which previously required taxpayers to declare use tax liability on income tax returns.

Eliminates the requirement in section 43-321 that taxpayers file a specific statement of use tax liability on their income tax returns.

Waives any penalties imposed for failure to declare use tax liability under the repealed section 42-5169.

Makes amendments retroactively effective to July 20, 2011, including the repeal of the use tax declaration requirement and modifications to collection procedures for utility businesses.