AZ SB1222

Establishes automatic repeal dates for most Arizona income tax credits effective January 1, 2021, including credits for employment, research activities, solar energy, charitable contributions, school tuition organizations, and pollution control equipment.

Requires new income tax credits enacted by the legislature to include a specific review year (fifth full calendar year after enactment) and a mandatory repeal date (seventh full calendar year after enactment), with allowance for carryforward of earned credits.

Adds sunset dates to existing credits for residents 65+ paying property taxes, family income, new employment, increased research activities, employment in military reuse zones, and various other business and environmental credits.

Clarifies that repealed tax credits can still be carried forward by taxpayers to subsequent years as permitted under each credit's provisions, preventing forfeiture of earned amounts.

Requires two-thirds vote in both legislative houses for enactment per Arizona Constitution Article IX, Section 22.