HB 2049 Summary

• Amends Arizona Revised Statutes Section 43-407 to clarify withholding requirements for unemployment compensation payments.

• Requires state income tax withholding on unemployment compensation for individuals who elect withholding under Section 23-792, subsection A, paragraph 4.

• Sets withholding amount at 10 percent of federal income tax deducted and withheld from unemployment compensation payments.

• Allows payees to elect withholding in writing using a department-prescribed form and permits termination of withholding by written request to the payor at any time.