AZ HB2251

Requires the Department of Revenue to annually report information on corporations claiming or carrying forward authorized tax credits of $5,000 or more under specified tax credit statutes, effective December 31, 2015.

Report must include aggregate amounts of tax credits used and carried forward for each subsequent taxable year, plus a reconciliation listing each corporation's name and credit amounts claimed and carried forward.

Department must transmit the corporate tax credits report to the Governor, President of the Senate, Speaker of the House, finance committee chairpersons, and Secretary of State.

Amends section 41-1525 to authorize disclosure of confidential business information to the Department of Revenue for purposes of the corporate tax credits report required by the new section 42-1131.

Amends section 42-2003 to permit disclosure of the corporate tax credits report as an authorized public disclosure of aggregate tax credit information.