AZ HB2498

Amends Arizona Revised Statutes section 42-17056 regarding initial property tax levy limits for counties, cities, towns, and community college districts that did not levy primary property taxes in the preceding tax year.

Allows community college districts to resubmit a proposed property tax levy amount to voters at least 20 but not more than 35 years after initial approval, provided the new amount does not exceed two times the otherwise authorized levy amount for that year.

Requires elections for resubmitted levy proposals to be conducted in the same manner as elections for initial levy proposals, held on the third Tuesday in May before the fiscal year begins.

If voters disapprove a resubmitted levy proposal, the district must continue using the previously authorized levy and cannot resubmit another proposal for at least two years.

Maintains existing exemption for provisional community college districts formed under section 15-1409, with the property tax oversight commission setting levy limits based on amounts required by statute.