AZ HB2499

Amends Arizona Revised Statutes section 42-17107 to require more detailed explanations in truth in taxation notices when a county, city, or town proposes to increase primary property taxes above the prior year's level.

Requires the notice to include three specific explanations: (1) changes in the tax rate per $100 of net assessed valuation with a $100,000 home example, (2) increases in centrally valued properties (manufacturing, mining, etc.), and (3) increases in locally assessed properties (residential, commercial, etc.).

Mandates that the notice specify what portion of the total tax increase is attributable to each of the three factors, expressed in both dollar amounts and percentages.

Maintains existing requirements that the notice be published twice in newspapers (14-20 days and 7-10 days before hearing), be at least one-fourth page with a black border, and appear outside the classified/legal advertising section.

Retains the alternative option to mail notices to all registered voters and requires a press release, roll call vote on the tax increase, and submission of results to the property tax oversight commission within three days.