AZ HB2571

Creates a foreign commerce export exemption for tangible personal property sold in Arizona for export and resale outside the United States, with proof of export shown through carrier receipts, border business center documentation, import documents, or freight forwarder receipts.

Establishes licensing requirements for border business centers to issue export documentation and certification stamps, requiring an annual license fee of $300 per location and a bond of $5,000 plus $1,000 per additional location.

Requires border business centers to maintain records for two years, report quarterly to the department on total property value, tax amounts, and refunds, and use a department-maintained password-protected website to prepare documentation.

Imposes waiting periods before retailers can refund taxes: 24 hours for counties bordering Mexico and 7 calendar days for other counties, with retailers liable for taxes plus interest if refunds are made early or without proper documentation.

Establishes export stamps manufactured and sold by the department at $1.60 per stamp, valid only for licensed border business centers, with design changes at least quarterly for enforcement purposes; violators face class 3 misdemeanor charges.